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Will a current student loan count toward credit for approval

I have been out of school for 2 years and have made all my payments ontime, but I have not had a credit card until this year. by jaywalrus.friendl... from Fargo, North Dakota. Feb 3rd 2014 Reply


John Schweer (johnschweer)
#24 ranked lender in Kansas - 163 contributions

yes student loans reporting on credit will have an impact, if you have been making the payments on time then it will.

Feb 3rd 2014
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Colby Neal (ScottsdaleInsurance)
#109 ranked lender in Arizona - 71 contributions

As long as you have a 640 or higher credit score; even with no open accounts you can still qualify for a home loan. We offer a low rate guarantee!

Feb 3rd 2014
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

if your asking will it count towards credit history then the answer is yes. There are many programs out there that you can possibly qualify for even with no trade lines at all. Call a local mortgage professional to go over your entire loan scenario.

Feb 3rd 2014
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Yes, it will show up.

Feb 3rd 2014
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