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Financial Literacy: 10 Ways to Improve It

Due

As a result, this prevents harming your credit score or even bankruptcy. Understand credit scores. Lenders use a credit score between 300 and 850 to figure out how likely you are to repay debts,” explains Due Founder and CEO John Rampton. Your credit score will be pulled instead,” adds John.

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Your Ultimate Guide to Starting a Business with Student Loan Debt

Fundera

But to qualify for most loan refinancing, your credit score has to be good—in the high 600s at least,” says Inc.com. Also, you likely won’t be eligible if your record includes any bankruptcies or defaulted student debts.”. Short-term debt relief is not without long-term pitfalls,” says Entrepreneur magazine.