REIA NYC Blog
Real Estate Investors Association NYC

Student Loans and Your Credit Score: 4 Little Known Facts

Many student borrowers are not sure about how their educational loans will ultimately affect their credit score. Are these loans just like any other, or is their impact somehow different? The answer is, it's a little bit of both. On one hand, the effect of your student loans is very similar to any other institutional loan. Pay on time, and your credit score goes up. Don't pay on time, and your credit profile will suffer. On the oth ..