Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Student Loans
Profile Image

Question By
johnpnlori

0 Contributions
0 People Helped
Student and credit score
My credit score drops every year when my student loans are dispersed. Why is that? I have one and a half years to go, I'm concerned as to what my score will look like when I have completed my education.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
4 Contributions
18 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

Each time a the loan is dispersed, it's a new loan. If you can, start paying on the student loans now even if the loans are not in re-payment. After you graduate and the grace period expires after graduation, the interest is capitalized.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.