They do not help you establish credit. You have borrowed, but don't owe, so there's no information about the way you'll handle payments over time.
If it is a student loan, there will be a statement on the credit report. It will also show the date that payments were deferred.
The credit limit is the initial amount of your student loan. It helps keep your student loan from skewing your debt to credit ratio which can lower your credit score and make it more difficult to get credit.
A loan in forbearance permits a student to temporarily postpone their federal student loan payments. Or, the forbearance temporarily reduces the amount the student pays. Your students loans may show up on your credit report while in repayment status or out of deferment.
A deferred period is a set period of time over which something has been delayed by agreement, for example... His student loan payments were deferred for a further twelve months.
if you are the student trying to get a Stafford, Perkins subsidized or unsubsidized loan no, but parents trying to get a parent plus loan it will because these types of loans are credit based loans. if you are trying to get a personal loan from a lending institution ie. wachovia, Sallie Mae etc. then yes a judgment will affect you.
It will appear as an obligation and as such limit the amount that will be considered for total monthly payment. No I don't think it will affect your your credit score.
If it is a student loan, there will be a statement on the credit report. It will also show the date that payments were deferred.
No.
If the student loan is taken out in the name of the student then no. The student's credit score is separate from anyone else's. If the student loan is taken out in the name of the parent or with them as cosigner then yes - their credit scores would come into play.
As long as loan stays current, credit & other obligations irrelevant.
Yes, you can. Students do this all the time. Technically, your student loans are are deferred until 6 months after you graduate or drop out of school at which time you will begin repaying all of the loans.
Only a parent can apply for a parent loan. the payment plan for a student loan can be deferred until after graduation. It all depends on who is paying the loan off, the student or the parent
In the US, no it won't. Your credit and job history do not play a part in student loan eligibility.
In the USA, if the student loan is Federal like a Stafford or Perkins loan, then yes you can cosign with bad credit. If the student loan is a private student loan, then no, you must have good credit. Keep in mind, you should never take out private student loans out until you have used up Federal loans, grants, and scholarships. Private student loans have high interest rates and no benefits.
The credit limit is the initial amount of your student loan. It helps keep your student loan from skewing your debt to credit ratio which can lower your credit score and make it more difficult to get credit.
No. Credit obtained as an individual does not affect a future spouse.
A loan in forbearance permits a student to temporarily postpone their federal student loan payments. Or, the forbearance temporarily reduces the amount the student pays. Your students loans may show up on your credit report while in repayment status or out of deferment.