Saturday, October 31, 2009

How will A student loan garnishment affect my credit record after it has been paid?

After the total amount is paid will this be pulled from my credit score or will it reflect for 7 years after I paid it? Is there anyone else who has gone through this?



How will A student loan garnishment affect my credit record after it has been paid?

I haven't gone through it, but it will remain on your credit report for 7 years.



How will A student loan garnishment affect my credit record after it has been paid?

7 years..........



How will A student loan garnishment affect my credit record after it has been paid?

yes,



I believe about 7 years. But don't worry about that. Just build up your credit score around it by paying your credit cards on time. Put your payments on automatic debit from your bank. to ensure never being late. This will build up your credit score rapidly and the one %26quot;blip%26quot; of the student loan won't stick out so much. Make all payments for.car loans etc promptly. You will have built up your credit score in no time. Just bury the bad credit with the new %26quot;good%26quot; credit that you will be accumilating.



My freind had a bankruptsy on her credit report. Within 2 years she was eligable to get a mortgage.



Don't bother with those %26quot;Fix your credit report%26quot; companies. They are a rip off. You can do it yourself with a little dicipline, persistance and time.



Hang in there.



Good luck!



How will A student loan garnishment affect my credit record after it has been paid?

I will show up as being paid in full, but it stays on your record for 7 years.

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