Kirsten Buccigrossi graduated in 2010 with $32,000 in student debt spread out over 13 loans. When she tried to lease a car five years later, she discovered the number of loans was hurting her credit score.
Ms. Buccigrossi, a sales and marketing administrator for a yacht company in Michigan, earns a salary plus commissions. She has been working with a financial adviser for the past two months to clean up her credit score so she can refinance the final $15,000 she owes on her student loans.
When she sends in her last college loan payment, Ms. Buccigrossi will finally be able to start saving more for retirement. She equates getting out from under her student debt with paying off the mortgage on a house.
It’s that substantia…
Read the full article at: http://www.investmentnews.com/article/20160807/FREE/160809955/financial-advisers-help-clients-graduate-from-student-debt
