https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loan-Question/m-p/2411#M806 <DIV>Do whats going to save you mney.&nbsp; Is your loan federal?&nbsp; If so it may not be such a good idea.&nbsp; In hard times, the Feds give you a way out, the credit card companies don't.&nbsp; I like that little safety net myself.&nbsp; If my business suddenly goes down the tubes a deferment or forebearance is just a phone call away.</DIV> Tue, 17 Apr 2007 00:43:03 GMT Anonymous 2007-04-17T00:43:03Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loan-Question/m-p/2384#M804 I have a student loan with a 7.25% rate. I constantly get offers from my credit card, as most of us probably do. The latest offer is giving me a 4.82% fixed rate for the life of the loan. So, should I use this offer from my credit card to reduce my interest rate or will that adversely affect my credit rating. I have literally zero credit card debt and as far as I know, my credit is strong. I do not have an actual number because I haven't checked it in over a year. The basic issue is whether or not transferring this student loan to a credit card is a good idea or a bad idea. Thanks. Mon, 16 Apr 2007 19:29:42 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loan-Question/m-p/2384#M804 Anonymous 2007-04-16T19:29:42Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loan-Question/m-p/2411#M806 <DIV>Do whats going to save you mney.&nbsp; Is your loan federal?&nbsp; If so it may not be such a good idea.&nbsp; In hard times, the Feds give you a way out, the credit card companies don't.&nbsp; I like that little safety net myself.&nbsp; If my business suddenly goes down the tubes a deferment or forebearance is just a phone call away.</DIV> Tue, 17 Apr 2007 00:43:03 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loan-Question/m-p/2411#M806 Anonymous 2007-04-17T00:43:03Z