Newbie Primer in Credit Repair Posted July 2, 2009 · Report reply Hi! I am not sure where to post this as I an new....so, I filed bk and am trying to rebuild my credit. Currently my student loans are in deferral, I am working on a masters degree on line. If I pay the minimum amount, $50.00, how will this affect my credit? I can afford to pay this, and if this would help my score, vs. complete deferment, then I would like to do this...please let me know.