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re: Student loans on credit report

Posted on 3/27/10 at 5:24 pm to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/27/10 at 5:24 pm to
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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