Taking out loan made nearly half of students think twice about uni

Published date01 July 2022
A third (36%) of people surveyed predicted the situation would worsen and deter future students from attending university, according to the findings from credit reference agency Equifax. Paula Roche, managing director of consumer solutions at Equifax, said: "While student loan repayments might be a cause for worry for many people, it is important to remember that they don't appear on your credit score and that repayments vary by income, so people are usually only paying back what they can afford

Equifax's top five tips for freshers are: ¦ Pick your student account wisely as some may leave you with a huge overdraft, which will cause problems if you cannot pay it back...

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