layg Posted July 22, 2008 Report Share Posted July 22, 2008 I've searched, but have been unable to find a definitive answer: Do federal student loans (specifically Direct loans) show up on one's credit report?I know that, if defaulted, the answer is yes. But, I am specifically wondering about loans that have not yet begun repayment, let alone being in default.For example, Student A receives a subsidized Federal Direct Loan for $5500 and the first dispersal of $1833.33 is deposited into Student A's account in September. Will this be reported to any of the Big Three?If so, how? For the full $5500? The $1833.33? Some other way?What about the status? Paid as agreed?As I've said, everything I have seen refers to either loans which are in repayment, or loans which have been charged off, etc. Link to comment Share on other sites More sharing options...
nascar Posted July 22, 2008 Report Share Posted July 22, 2008 I know that, if defaulted, the answer is yes. But, I am specifically wondering about loans that have not yet begun repayment, let alone being in default.Mine showed up right away. Link to comment Share on other sites More sharing options...
chilton1 Posted July 22, 2008 Report Share Posted July 22, 2008 I've searched, but have been unable to find a definitive answer: Do federal student loans (specifically Direct loans) show up on one's credit report?I know that, if defaulted, the answer is yes. But, I am specifically wondering about loans that have not yet begun repayment, let alone being in default.For example, Student A receives a subsidized Federal Direct Loan for $5500 and the first dispersal of $1833.33 is deposited into Student A's account in September. Will this be reported to any of the Big Three?If so, how? For the full $5500? The $1833.33? Some other way?What about the status? Paid as agreed?As I've said, everything I have seen refers to either loans which are in repayment, or loans which have been charged off, etc.It will show up as the full 5500, what you borrowed. And it reports as "paid as agreed." Link to comment Share on other sites More sharing options...
LeslieR Posted July 22, 2008 Report Share Posted July 22, 2008 What Chilton said.It will indicate "paid as agreed" until otherwise - while you are in school and in repayment. Link to comment Share on other sites More sharing options...
layg Posted July 22, 2008 Author Report Share Posted July 22, 2008 Thanks, everyone.Did any of you happen to notice how much of an increase in FICO the loan effected? Link to comment Share on other sites More sharing options...
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