August 31, 2014

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Students should be aware of their credit report

Students should be aware that they are building a credit report whenever they take out a loan, even a student loan, according to the Kentucky Higher Education Assistance Authority (KHEAA).

A credit report shows everything about your past and current credit history. It will list every loan you have, to whom you pay it, your loan balance, your credit limit and if you pay early, on time or late.