2007-02-01 09:52:35 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
Depends - you'll owe more money which will hurt your credit some. However, paying on them (faithfully) will improve your credit over time. Plus, going to school, means a better a job and more pay which will open more doors as well!
2007-02-01 09:57:07 · answer #1 · answered by reandsmom77 6 · 0⤊ 0⤋
Pay them on time and they will help your credit, by establish a good payment history.
Having a balance will reduce the amount that other lenders are willing to loan you for a car or home. However lenders are usually willing to lend you more money that you can afford to repay for such things.
2007-02-01 17:56:36 · answer #2 · answered by VATreasures 6 · 0⤊ 0⤋
Not if you pay them on time. Are you trying to buy a house? If you are in deferment they should not hurt you...If you are in repayment they might over extend you depending on how much other debt you have outstanding.
2007-02-01 18:00:46 · answer #3 · answered by Sara F 3 · 0⤊ 0⤋
Student loans NEVER go away.
2007-02-01 17:59:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋
http://loanconsolidation1.blogspot.com has good ideas and help for student loan consolidation and refinancing student loans
http://loanconsolidation1.blogspot.com
2007-02-05 14:48:57 · answer #5 · answered by Anonymous · 0⤊ 0⤋