Does private student loan have same impact on credit as government student loan?

daddyofprecious · ‎09-27-2012

I understand that my federal student loans have very little impact on my credit score while I am in school and the loan is in deferment. Does a PRIVATE student loan have the same low impact while in school and is deferred? Any reliable feedback would be great!!!

jd5189 · ‎08-14-2012

Both are installment loans and looked at the same

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.

Shogun · ‎04-15-2011

+1 They are scored the same.

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Student Loans

Does private student loan have same impact on credit as government student loan?

Re: Does private student loan have same impact on credit as government student loan?

Re: Does private student loan have same impact on credit as government student loan?