Sixup asks students with our loan to pay $20 per month while in college (or attending school at least half-time). This does two things:
- It helps pay down your loan! Although $20/month doesn't seem like much, it can add up over time and reduce the amount of your loan you need to repay after graduation. By paying $20 each month over your 4 years in college, this will chip away at your loan by nearly $1,000!
- It helps build healthy credit behaviors! Getting into the habit of paying $20 each month helps you build behaviors associated with healthy credit. Healthy credit is extremely important as you need it to buy a car, rent a new apartment or buy a home down the road.