As a student loan lender, we get a lot of great questions about how student loans affect credit score. The answer depends on whether you’re talking about federal or private student loans.
Debt Consolidation Loans" data-reactid="12"Debt Consolidation Loans Getting a new loan to pay off other debts is the most popular way to consolidate. We’ve got you covered with our Student Loan Smarts blog series.Our expert tips and hacks will help you save money, pay off loans sooner, and stress less about student loan debt.Invest wisely in your education, and those loans should pay off in the form of higher income over time.But if you mismanage student loan debt, your credit score could suffer—and that could have a big impact on your financial future. Do I need a good credit score to take out a student loan?