Student Loans and Credit Score?

Answers:1   |   LastUpdateAt:2012-08-23 23:14:22  

Question
shweta
Asked at 2012-08-17 05:00:03
I wondered if student loan debt ( SallieMae ) affect your credit score just as credit cards or other loans . I owe the most in student loans, then a car loan and finally the credit card debt . I pay my debt to minimize and maximize the interests of the benifit to my credit score.

Does anyone know if credit reports agancies treat all three as a debt or are rated differently, with different weights ?
Answer1DoloresAnswered at 2012-08-23 23:14:22
There are only three types of car loan good debt , student loans , and mortgages . These do not affect him . Credit cards , lines of credit , and any unsecured loans do . Consider mortgages , student loans or car loan as installment loans and credit cards as revolving credit.
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