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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.

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โˆ™ 2006-06-08 12:49:05
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Q: How will a deferred student loan affect your credit?
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Related questions

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.


How does deferring a student loan affect credit rating?

Generally a student loan does not affect your credit rating


Will a private student loan that is currently deferred negatively affect your credit score?

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.


Is there any law or authority on how a credit agency can score for a deffered student loan and this is not un unpaid loan just deferred?

No.


How do you get student loan debt dropped or deferred?

Contact your loan provider about getting your loan deferred and they will go over the options that you have.


Does a parent's credit score affect student loan?

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.


If cosigners for student loan miss a mortgage payment will this affect student loan?

As long as loan stays current, credit & other obligations irrelevant.


Do student loans affect a credit score?

Yes, they are like any other loan. they are listed on your credit report and affect your score.


Can a student get a student loan without a cosigner when they have bad credit and no job?

no you do have to have a cosigner with good credit in order to get a student loan.


Why is my student loan reporting a credit limit?

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.


What is better a student loan or a parent plus loan?

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


Will a car loan affect chances of getting a school loan?

In the US, no it won't. Your credit and job history do not play a part in student loan eligibility.

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