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Does your education loan impact your credit rating?

Kate Anderson | Thursday, nineteenth September, 2019

Regarding your credit rating, considerable amounts of financial obligation are usually regarded as bad. In accordance with a education loan probably be among the biggest levels of cash your debt, it really is normal to wonder just just just how it’s going to affect your credit score.

Nonetheless, there’s no necessity to here worry and is the reason why.

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Your education loan doesn’t show up on your credit history

Yep, that’s right. For those who have a student-based loan into the UK, it won’t show up on your credit history.