The most painless way to never missing late payments on your personal loans

Seeing your credit score in bill statements can lower delinquency rates and actually improve these influential three-digit scores, new research finds.

Researchers discovered a “significant decrease” in the probability of late payments when student-loan borrowers could see their FICO FICO, +0.65% scores, and concluded that the three-digit score was a powerful and positive form of feedback.

Those who actually viewed their scores made changes to their behavior and reaped even greater rewards, including an average 8.2-point increase in their score.

In an experiment using more than 400,000 clients of student-loan lender Sallie Mae SLM, -2.16% researchers found:

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