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The article mentions several times that student loans are putting a lot of people off more debt. Then it says they'll have no credit history when it comes time
by ourmandave 10y ago
The article mentions several times that student loans are putting a lot of people off more debt. Then it says they'll have no credit history when it comes time to buy a house or car.
What about all the student loan payments they're making? That's certainly a credit history, esp. if you miss a few.
- theandrewbailey 10y agoOver half of my credit report are student loans. All of them are paid and closed, years before their original term (probably still in the future as of now).
- manarth 10y agoIn the UK, student loan payments (at least, those issued by and owed to the Student Loans Company - an official government-owned body for student loans) are not reported or recorded to any credit rating agencies. UK student loans are effectively invisible.