Every education loan debtor should be aware of just exactly how their education loan financial obligation impacts their credit score — from exactly how much missing a repayment could ding their credit history to whether refinancing student education loans impacts credit at all.

Every education loan debtor should be aware of just exactly how their education loan financial obligation impacts their credit score — from exactly how much missing a repayment could ding their credit history to whether refinancing student education loans impacts credit at all.

Nonetheless it’s not merely your errors that will keep your credit down. In accordance with an April 2017 report through the customer Financial Protection Bureau (CFPB), “Non-federal and student that is federal borrowers reported dilemmas of incorrect reporting of these loans towards the credit rating organizations. Continue reading