Re: Private student loan - Revolving account or installmen
11-06-2010 12:05 PM
Sorry for posting on both threads, I wrote the other one and then realized that the second part of my questions is more loans related so i posted it here as i thought i would get more responses.
I will give my credit union a call and ask them, last time i checked my credit report i didn't notice it showing up like that. My transunion report does not even show this loan on the report.
Having this report as revolving account do they think its a credit card or something? i mean i am using 6K out of 75K available so i would see how this can go under revolving accounts.
I dont mind cz my credit score is getting higher and higher every time i check it, i am just curious if she pays off the loan off will that be like closing a credit card? and that in fact would lower my credit score?
just curious how it all works hehe
thanks for all your comments guys, id be lost with out you