Students frequently leave university with a number of loan claims, an expert has said.Credit Action chief executive officer Michelle Highman highlighted credit card charges, bank loans and overdrafts as some of the debts university attendees frequently accumulate, as well as the typical student loans.She pointed out lenders frequently transfer their customers from student to graduate accounts when they leave higher education, suggesting that youngsters speak to these companies to determine how this change will affect their bank charges.However, many banks offer extended interest-free overdrafts to customers, the specialist remarked.Ms Highman recommended that people begin making payments on their debts as soon as possible to help them pay these loans back.She recommended speaking to banks and coming to an arrangement regarding a repayment schedule.Educating children about financial planning could help them to avoid falling into debt when they reach adulthood, Moneynet.co.uk spokesman Andrew Hagger recently said.Amir Hussain Amir specialises in personal loans, consumer debt and debt management
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