Monthly Archives March 2013

Explore How Student Loans May Become Bigger Credit Risks


Last month the Student Loan Ranger examined a post from the Fair Isaac and Company’s (FICO) Banking Analytics Blog that concluded that large amounts of student debt alone are not enough to lower your credit score.In fact, handled responsibly (meaning you pay back your loans on time and build up an excellent payment history), student loans can positively affect your score. But a new FICO report,“Is Growing Student Loan Debt Impacting Credit Risk?”—which describes the increased credit risk posed by student loans—leads the Student Loan Ranger to wonder how long this will be the case.[Learn how some schools help students avoid student debt.]Many of the report’s findings will not be news to regular readers of this blog...

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