My husband and I both have student loans that are deferred, mine are through federal loan servicing and currently report as $0, deferred. However, my husband's each list a payment amount, which currently totals to about $500 a month, except that it's deferred so we don't actually pay that right now. Does this affect his score at all or is it unrelated?
I didn't even notice this until I made us each an account on credit.com and credit sesame and noticed that he had a negative indicator for dti and I didn't, then I pulled up our TU reports and figured out the cause.
Also, this is kind of unrelated, but does anyone have an idea why I have a collection that isn't showing up on any online reports (currently using credit karma, credit sesame, and credit.com) but is on my TU report. It's a joint collection (paid in full now) in both of our names and it does show up on his accounts. Either way, it's on my actual report which is what matters but I was confused about why it's on his and not mine! Thanks!
Okay, thanks for the info!
There are several factors that affect your ability to get credit, but not your score.
DTI and income are two of the big ones, along with the thinness/thickness of your file.
People often worry a lot about their scores, but it's more effective to consider the whole package, which certainly includes DTI.