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re: Student loans on credit report
Posted on 3/27/10 at 5:24 pm to doublecutter
Posted on 3/27/10 at 5:24 pm to doublecutter
quote:
her that student loans are the worst kind of debt to have on your credit report.
If by "worst," they meant "best," because it typically has very low, sometimes subsidized interest rates and extended payback periods including deferral run-ups, then yes, its the worst kind of debt to have. OTOH, if they meant "the worst kind of debt to have because you defaulted on it and aren't paying it" then yes, its the worst kind of debt, because it survives bankruptcy.
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