Here’s how your student loan affects your credit file:
- Credit Report- Student loans are not shown on your credit report.
- Credit Score- Your student loan repayments won’t affect your credit score in any way.
- Lenders won’t see your student loan- The only way a lender will know if you have a student loan is if they ask you when you apply for credit. The main reason a lender would ask this is to try to calculate your NET earnings.