Does credit drop when loans go into repayment?
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...
Current Score: EXP 688 EQ FICO 701
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Re: Does credit drop when loans go into repayment?
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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