Posts Tagged ‘government loans’

Does paying off a deferred student loan early improve your credit score?

September 11th, 2011 by admin | 2 Comments | Filed in Free Government Credit Score

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I am less than 9 thousand dollars in debt of student loans. I am thinking of getting more student loans with less interest to pay off my current student loans with higher interest. All these loans are through FASFA Government loans ( FASFA now has lowered their percentage of interest since my first loan through them) . They are deferred loans which don’t need to be paid off until after I graduate. I was wondering if i do get other loans to pay off my existing loans, will it improve my credit at the same time?

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WILL LOANS FOR SCHOOL ESTABLISH MY CREDIT HISTORY?

June 12th, 2011 by admin | 1 Comment | Filed in Free Government Credit Score

my credit score shows 9002 and i have no credit cards or any accounts open. I’ve enrolled in college and applied for government loans. when my loans get applied to the bursars office will that establish my credit

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