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yes, the private or federally guaranteed student loans will show up on your credit report. If you are delinquent or in default on your loans, you can get help with consolidating the loans at www.defaultms.com
The loans will show up on your credit report, even if they are still designated as deferred. You will not owe anything until roughly 6 months after you graduate, and the loan status will change to active once repayment begins.
Wiki User
∙ 8y ago
Wiki User
∙ 12y agoOK, I cannot agree. I have about $39,000 in student loans and before I was in repayment period my loans showed up on my credit report but showed deferred status with a date. I have now graduated and I still have a six month grace period. Your student loans are still factored into your overall credit score and they affect your credit score negatively only if they are not paid on time.
AnswerNOT MUCH, AS LONG AS YOU PAY YOUR STUDENT LOANS ON-TIME AFTER YOUR GRACE PERIOD (WHILE ATTENDING COLLEGE) THEN YOU SHOULD BE FINE.If you're still a student, student loans do not show up on a credit report at all. They only appear after you have graduated, withdrawn, dropped-out, etc. and the repayment starts.
11/01/2010 I will have to disagree with the above answer. Student loans show up on your credit report before you graduate-how do I know this?-Well because I am a student with loans and those loans have showed up on my credit report under "deferred"-they have actually helped my credit score, BUT they will HURT it if and ONLY IF, when it is time to repay I default. I agree with the 1st answer and not the 2nd. Maybe times have changed since the 2nd person answered this question or even has knowledge of the credit score system in conjunction with student loans. These are government backed up student loans that I am referring to, NOT bank student loans.
Wiki User
∙ 16y agoDefaulted federal student loans can stay on your credit much longer then 7 years (the regulations are complicated). Non-defaulted student loan tradelines age off 7 years after they're paid in full, and lates age off 7 years from when the delinquency started.
Wiki User
∙ 18y agoIf the creditor chooses to report the loan, then yes, the account will show on your credit report. A co-signer is 100% liable for the balance of the loan, whether reported or not.
Wiki User
∙ 17y agoYes, they can. Sometimes, though, a debt won't show up on a co-signer's credit report unless that debt becomes delinquent; but, this is not always the case.
Wiki User
∙ 14y agoYes, they are like any other loan. they are listed on your credit report and affect your score.
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Is student loans badiies?
Student loans can show up as "baddies" on your credit report if they are paid late or in default. These loans are reported similar to revolving loans or lines of credit.
Why do multiple student loans show up on your credit report but they are consolidated?
If your credit report is stating that these loans are not transfered loan, then you need to dispute this information with the bureaus.
Can you get a student loan default off credit?
Actually, the default will stay on your credit indefinately until you get out of default. Student loan default on Federally Guaranteed student loans has no statute of limitation. If you consolidate your defaulted student loans, they will show up as Paid In Full on your credit report. You can get help with the consolidation of your student loans through www.defaultms.com Any default is going to stick around for about 7 years.
How does a student loan forbearance affect your credit score?
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.
If you cosign for a student loan does it show up on your credit report before or after the student starts making payments?
It shows on your credit report even before they start making payments.
How will a deferred payment look on your credit?
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.
If a student loan was taken out in 1999 and was not paid off how long is this debt subject to collection?
Identifying the TYPE of student loan is crucial to getting an answer to your question. Federally guaranteed student loans have no statute of limitations, nor do they have an expiration date for how long they may show on a consumer's credit report.
Can you file chapter 7 and not include your student loans in the bankruptcy since they are in deferment and also continue getting student loans while in college?
I believe that student loans are a category of debt that is not dischargable in bankruptcy. The bankruptcy will show up on any credit reports, and you may subsequently be unable to et additional loans. I filed for bankrupcy in 1998. I was able to obtain Student Loans despite the bankruptcy in 1999-2000. My past credit history was not considered when determining my student loan application.
How are you affected by your 3 credit report scores?
The report scores show how well you handle credit. Such as paying back the debt owed or handling of bank accounts. If you have bad credit you may not be able to get loans or open certain bank accounts, or have a large credit card amount.
Does school loan consolidation have any effect on students with bad credit?
when you consolidate your student loans. It helps your credit score by closing the multiple loans. Your credit report will report the loans you consolidated as PAId/Consolidation. We all know paying a bill helps your credit. Now you have one large bill and as you pay on it ON TIME it will increase your credit score. Also, a rule of thumb is think of your old student loans as maxed out credit cards especially if you haven't paid on them. They don't help your credit until you pay on them on time EVERY month. We all know maxed out credit cards have a negative effect on your credit score. I consolidated my loans and I am eager to pay on them to help raise my credit score. Well, there is a second part to that first answer. If you have not yet consolidated your loans, they show up on your credit report as itemized. When you finally get them consolidated they show as one loan form one lender. This will also improve your credit score.
If you add second person to credit card will it show up on their credit report?
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
Is it better too pay off payday loans first or unsecure loans?
Depending on what state you reside in, payday loans may be illegal. Many states do not allow payday loans. In these states, a payday lender could not successfully sue you to collect. Contact your state financial regulatory agency to find out about your state laws. Legal personal loans from a reputable lender could be pursued in court, and will also show up on your credit report. Payday lenders, even if legitimate, do not routinely report to the credit bureaus. They have their own reporting agency, such as teletrack, that they report to. These agencies keep tabs on how many payday loans you have or if you've failed to pay any payday loans. These will not affect your actual credit report. There are some states that may allow payday lenders to report to the credit bureau, so to be sure, research your state laws on payday lending. Google comes in very handy. Meanwhile, stick to paying the real loans that matter most, the ones who will report to the credit bureaus.
