Student Loans

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loviedovie
Posts: 135
Registered: ‎12-20-2012

Does credit drop when loans go into repayment?

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‎01-04-2013 09:08 AM

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

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SCF
Posts: 545
Registered: ‎06-09-2008

Re: Does credit drop when loans go into repayment?

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‎01-04-2013 06:27 PM

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

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bahbahd
Posts: 501
Registered: ‎08-12-2011

Re: Does credit drop when loans go into repayment?

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‎01-08-2013 10:24 AM

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. 

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