Do Student Loans Show Up On My Credit Report

Q: I am trying to buy a house and was just wondering, will my student loans show up on my credit report or will my student loan debt not factor into my credit?

A: Your student loans, both private student loans and/or federally guaranteed student loans, will show up on your credit report. Even if you are currently enrolled in college, and not making your student loan payments, your loans will still show up on your credit report, they will simply be designated as deferred.

If you are worried about your student loan debt preventing you from securing a home mortgage loan, you should speak to a financial advisor to learn how your specific amount and type of student loan debt will effect you when applying for a home loan. Home loans are typically based upon a debt to income ratio (in addition to other factors, such as how much money you can place as a down payment on the home), and many individuals with student loan debt have no problem purchasing a home.