Student loan and your credit.?
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I'm currently in school and don't need to start paying on my student loan until six month after i'm finish school, my credit score is not too bad "700 " but i tried to get a loan and noone would approve me because of my student loan. I owe on a few credit cards, i make my payment on time and i don't owe alot of money on them.
Should my student loans already be affecting my credit even though i don't owe them as yet?
Student loan and your credit.?Your student loan should not have any effect on your credit. Don't apply with the person that listed above me! Go through a major credit card company.
I didn't finish my thought - as long as your student loans are in good standing - it should not have a big effect on your credit eligibility since it is not a REVOLVING debt. It is an installment and is viewed VERY differently from credit cards.
Student loan and your credit.?Yes, it will affect your credit because it is a liability, money that you owe.
Student loan and your credit.?Any time you build a line of credit or take a loan, that will affect your credit and eligibility for credit cards.
When you sign up for credit cards or cancel credit cards, that will affect your credit report. I think the fact you are spreading yourself thin and owing multiple sources will not look good from a loan officer point of view. They are not only looking at your credit score, but also how much debt you have built-up compared to your income and assets.
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