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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.
What does it take to be a credit student?
To become a credit student, one should start as soon as possible to earn college credits before entering college. This is most easily done by taking AP classes in high school.
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.
Does the government look at your credit report before approving a student loan?
Depends on what type of student loan. If it's a Stafford, no. If it's a PLUS loan, yes.
What is the minimum number of credit hours required for a student to be eligible for student loans?
The minimum number of credit hours required for a student to be eligible for student loans is typically 6 credit hours per semester.
What are the advantages to having a student credit card over a standard one?
student credit cards and other credit based items such as student loans - Students: apply online fast with a credit card company of your choosing when you feel you are educated and ready. A college credit card can be a student's first step in building good creditA student's first step in obtaining a credit card is to become educated about wise credit usage.
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.
Can you get a student loan if you have bad credit as a student?
yes no maybe so depends on bad your credit actually is
What are the advantages of getting a student credit card?
Student Credit Cards allow for a certain level of independence on behalf of the student without the level of danger or risk brought about by normal credit cards.
What are some sources of student credit cards?
There are many sources of student credit cards. One can obtain a student credit card through companies such as Capital One, Discover, Visa, or Mastercard.
What are the requirements needed to get a Citibank student credit card?
In order to get a Citibank student credit card, one must be a student, then have to have one student card. Another requirement to get a Citibank student card is identification.
How are Chase student credit cards applied for?
One can apply for a student credit card with their local bank or through the website of any banks offering student credit cards. One can apply with Chase Student Banking or Bank of America.
