Credit Card Center Advertiser Disclosure

Valued Member
Posts: 49
Registered: ‎02-18-2010
0 Kudos

Disability + Student Loans



I was wondering if anyone here has been placed on disability who also had student loans?  I was recently diagnosed with RA and my doctor feels that the way the disease is progressing that I will be unable to continue working.  I've been told, that if I am approved for Disability, that i have to show the SL companies that I have only xyz income coming in, not take any loans out etc and after 3-years they will discharge them.  What happens to my credit then?

CheckCheck & Monitor (through USAA)
EXP: 704/EQ: 710/TU: 691

myFico (pulled 2/28/16)
EXP: 680/EQ: 680/TU: 655

Bankruptcy discharged 9/2014
Epic Contributor
Posts: 22,398
Registered: ‎01-17-2008
0 Kudos

Re: Disability + Student Loans

Here are some links to read:


The best ones to talk to would be your guarantors.  It also depends on whether they are private or federal.

New Contributor
Posts: 53
Registered: ‎02-15-2013
0 Kudos

Re: Disability + Student Loans

It's not quite that simple.  If you are approved for disability by Social Security, that does not necessarily mean that your loans would be discharged.  It means you could apply for a disability discharge and then the lender gets to decide if they think you are really completely and permanently disabled.  They don't just do it based on the fact that Social Security has found you disabled.


If your loans are federal loans, you can always request income based repayment (IBR).  They calculate your required payment on a sliding scale based on your income.  If your income is only from SSDI, chances are the required payment would be zero or very little.  You have to reapply for IBR every year.  This can keep your loans in good standing if you aren't able to work, and while the lender tries to decide if you meet their criteria of totally disabled.

Starting Score: EQ 539
Current Score: EQ 648, TU 617, EXP 623
Goal Score: 700 by 2/2014

Take the myFICO Fitness Challenge
Epic Contributor
Posts: 22,398
Registered: ‎01-17-2008
0 Kudos

Re: Disability + Student Loans

There are 3 different ways to prove you are totally and completely disabled.  The lenders do not decide that for themselves, they are not doctors.  But yes, they do base it on that information.  Either VA, SSI or a statement from your doctor.  Based on that information, they make a decision whether you qualify or not, not whether you are disabled or not,


You submit your application along with the documents.  You can be denied if you do not submit what is needed.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.