topic Do student loans in deferment affect your score? in Student Loans

Do student loans in deferment affect your score?

Creditobsessed12 — Fri, 30 Oct 2009 20:42:27 GMT

I have like 50K in student loans but they are in deferment and are not due to be paid yet. Do these affect my credit score?

Thanks,

Elizabeth

Re: Do student loans in deferment affect your score?

Creditobsessed12 — Mon, 02 Nov 2009 14:41:53 GMT

Does anyone know the answer to this??

Re: Do student loans in deferment affect your score?

Anonymous — Mon, 02 Nov 2009 21:02:40 GMT

No, it does not. As long as you pay when they are due, and make all payments on time, it will help your credit score. Good luck!

-Dixie-

Re: Do student loans in deferment affect your score?

Anonymous — Sat, 21 Nov 2009 20:04:41 GMT

Total debt balances, number of balances on all accounts do affect your score a certain amount. They also can influence a LO review based upon the level of debt accumulation.

FICO score is only part of the equation.

Re: Do student loans in deferment affect your score?

laz98 — Sun, 22 Nov 2009 00:36:02 GMT

my fico reports mention that the high amount of my student loans is a negative factor against my score, but since that's not really anything i can change quickly, i guess it's just too bad! LOL

Re: Do student loans in deferment affect your score?

tdbss — Sun, 22 Nov 2009 15:17:33 GMT

On my it showed a balance for the total amount and nothing being paid, at the time of getting an auto loan I explained the deferment/grace period to them and they were able to float me a preowned loan at 29%,