Free Repayment Guide » In Repayment

In Repayment

Now that you're in repayment, there are two primary roles you are going to play:  a monitoring role and a planning role.

First, on the monitoring side, you're going to have to see if your projected income and expenses ended up matching your actual income and expenses, and you're going to have to monitor your credit score and protect yourself against identity theft as well.

Second, your going to be engaged in several planning activities that often are going to come from what you find in monitoring your finances.  Are your expenses higher than expected?  If so, you'll have to make some cuts elsewhere.  Has your career status changed?  If so, you might be eligible for loan repayment reduction or forgiveness for which you weren't eligible before.  And have your priorities changed?  Those obviously will impact your plans as well.

Tasks to complete during repayment:

• Task 1:  Monitor Your Budget
• Task 2:  Maintain Your Credit
• Task 3:  Integrate Life Events
• Task 4:  Be Active in Your Finances