Does student loans affect your credit score?
I have been working on my credit score for the past year and I finally got it up to 620 now it in the 500’s, I recently started nursing school and it s out of state so therefore I had to take out multiple loans to cover my tuition. Did taking out the loans affect my credit score? they aren’t in repayment b/c I am in school
Do they affect my credit score if all the loans are DEFERRED! I do not have to repay them until I finish school
they do affect your credit scoring even if deffered some lenders will even budget up to 2% of your deffered balances depending on their guideline on the amount owed
