Credit Advice » Life Stages » Students


As with many loan types, student loans can have a big impact on your credit score. Whether you’re a cosigner or you are making payments yourself, on-time payments are a factor in your good credit score. When handled correctly, student loans can also play a major role in building a student’s credit history, which is often nonexistent when they’re just starting out.

Cosigning on Student Loans

When you cosign a loan, you agree to be equally responsible for the debt. The loan will be included in your credit history and can affect your creditworthiness as well as your ability to qualify for loans in the future, including cosigning for another student loan. Although you are just a cosigner, all missed payments will be included in your credit history and future lenders can consider the debt and monthly payment as part of the total amount you owe.

Recent Graduate May Not Have a Credit Report

August 29, 2012

Dear Experian, What should I do if I cannot be found in your system? I am trying to obtain a credit report since I have just graduated college and would...

Declination for Young Adult Won’t Hurt Score

September 28, 2011

Dear Experian, My daughter applied for a student credit card but was turned down due to insufficient income and excessive obligation. She had no previous credit history. Does this create...

Student Loans Listed as Transferred

August 17, 2011

Dear Experian, My student loans were consolidated into a new loan. Both the new loan and all of the old loans are on my credit report. The old loans say...

Have a Question for Experian?

Your privacy and the information collected here.

Get Your Free Credit Report

View your free Experian Credit Report every 30 days on sign in.

No credit card required.

Get Started for Free

What Should You Know About the Dark Web?

Learn more about what the dark web is, and why it should matter to you as a part of your identity protection strategy.