How does students loan affect your credit?

[Anonymous]

I have a $27k student loan. Will this tremendously affect my ability to obtain a house or a car in the near future? I've heard from several people that don't look at your student loan.

[Anonymous]

19 views and no reply?

[MidnightVoice]

Positive effect if you pay on time every time.

Disaster if you don't.

And student loans seem to be part of life nowadays.

[Anonymous]

Thanks for your answer and time!

[Anonymous]

If you pay on time it will be good for your credit. When purchasing a home we look for atleats 3 tradelines and that one if paid on time is a great start

[Tuscani]

Just want to reiterate that if things ever get tight.. make sure you pay your student loans first! The Higher Ed Act makes getting late payments off of your reports next to impossible.