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Posted in Retirement
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Tanner10

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Why aren't retirement accounts factored into credit scores?
Or maybe they are and I'm just not seeing it?

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Top Contributor
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They are not, just as income is not factored in to your credit score.

With a little reading on here, you will learn the credit score is only a compilation of any loans you have/had, and what your payment history looks like for loans, and how much you are adding to your loans.  So retirment accounts are not in that grouping of monitary things.  You can often borrow from your 401k and other retirment things, but these are not reported, you are the lender and borrower in these cases, and unless you paid fees to reporting angencies you could not report the loan on yourself.

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