topic Does credit drop when loans go into repayment? in Student Loans

Does credit drop when loans go into repayment?

loviedovie — Fri, 04 Jan 2013 17:08:36 GMT

I am in school and wondering if my credit score will drop when my loans come out of deferment and into repayment...

Re: Does credit drop when loans go into repayment?

SCF — Sat, 05 Jan 2013 02:27:05 GMT

Your loan status should have no impact on your credit score (deferred vs. in-payment).

Re: Does credit drop when loans go into repayment?

bahbahd — Tue, 08 Jan 2013 18:24:55 GMT

I do not think the loans repayment status even appears on credit reports. When deferred, you will have OK status for each month as if it was paid. The one thing that does report is the higher balance as the interest accrues.