Credit Advice » Life Stages » Students » Student Loans on Credit Report While in Deferment

Student Loans on Credit Report While in Deferment

Dear Experian,

How long does it take after student loans are out of deferment for them to show up on a credit report?

– LSM

Dear LSM,

Because it is a debt you are obligated to repay, your student loans may show up on your report even before they are out of deferment and in repayment status. When you accept a student loan, you are opening an account with the lender, and they may begin reporting the account at any time. The account entry will show whether it is deferred or in repayment.

Although you may be making only one payment, student loans are often listed as a separate account for each enrollment period or semester that you attended school. Therefore, you may see multiple accounts listed for those individual loan amounts.

Student loans also are often transferred and purchased by new lenders. If that happens, the old loans will still appear on your report, but they will show as transferred, which means they are closed with a zero balance. The new lender can then report the open accounts separately.

Once the loan is in repayment status, it is very important to make every payment on time. If you think you will have trouble making a payment, contact your lender immediately to give them an opportunity to work with you to protect your credit history.

A number of alternatives may be available to assist you with repayment during a difficult financial period. Student loan consolidation may result in lower monthly payments, although it typically increases the repayment period. Additional deferment time or hardship assistance might also be possible.

Thanks for asking.
The “Ask Experian” team

Review Your Free Experian Credit Report Today

Good credit begins with knowing where your credit is today. Get started with your free Experian Credit Report, updated every 30 days on sign in. No credit card required.

Get Started for Free
Have a Question for Experian?

Your privacy and the information collected here.

Find Credit Cards and Loans Matched to You

Experian uses its vast data resources to match you with offers that are the perfect fit for you and the life you want.

Sign Up for Free to See OffersBrowse all credit cards for students.

Don’t Let the Eclipse Leave You in the Dark About Financial Fraud

Experts are warning eclipse-watchers to look out for crooks peddling counterfeit viewing glasses. It’s a good reminder to be equally wary of hackers, identity thieves, and credit card fraudsters.