First time Student Loan.

[Anonymous]

Hi All,

I have accepted student loans for the upcoming semester, and have zero experience. What impact can I expect on my report/fico8/9 when the loan starts reporting?

Currently, I have several cc, but no installment accounts.

It is a Fed Stafford loan, if that matters

A few data points: I have other accounts at this time other than the cards listed in my sig. No mortgage, no car note, etc.

[Anonymous]

Hi All,

I have accepted student loans for the upcoming semester, and have zero experience. What impact can I expect on my report/fico8/9 when the loan starts reporting?

Currently, I have several cc, but no installment accounts.

It is a Fed Stafford loan, if that matters

A few data points: I have other accounts at this time other than the cards listed in my sig. No mortgage, no car note, etc.

[Anonymous]

Bump for you.

I have no experience on student loans, so i have no clue.

But would like to know what type of effect they have.

Hope someone can chime in.