Week Five Assignment - Week Five Assignment Assignment:...

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Week Five Assignment Assignment: Student Loan Summary Resources: The Fair Credit Report Agency and Avoiding Scams Reflect on how this article may be relevant to your future. Write a short summary of 200-300 words addressing the following questions: What are some future consequences of borrowing too much debt? If you borrow too much money beyond your current Budget, you will get in over your head. You can easily get behind on your payments obligations. Then the creditors start reporting late payments in your history and credit cards and others lenders will charge you more to borrow in the future or even denied you loans and credit cards, making it harder and harder to pay anything but interest. It feels like it escalates and you can win for loosing. Unless you have an iron will or really good luck. The stress is unbearable and you quality of life suffers. If it is all possible do not overspend and put yourself there less is more. How do you plan on repaying your student loans?
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This note was uploaded on 04/23/2011 for the course HUM/176 AAGR0QTKV1 taught by Professor Wesleyjessup during the Spring '10 term at University of Phoenix.

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Week Five Assignment - Week Five Assignment Assignment:...

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