Tag: Student Loan
How will a discharged student loan affect my federal tax return?
by admin on Aug.12, 2008, under Financial Aid
Can the federal government take my tax return if my student loan has been discharged due to a disability.
How does a student loan affect your credit?
by admin on Aug.06, 2008, under Financial Aid
I have a student loan that is about 50K. I am making payments on it but I am on the income contingent plan and every month I get a statement showing that what Im paying is not enough to pay even the interest, so the balance is higher every month. Does this negatively affect my credit, I pay every month on time but I want to know if this will affect my credit. Does the 50K count towards debt to available credit ratio also. How does the student loan affect credit ratings?
