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  2. Do Your Student Loans Affect Your Credit? - AOL

    www.aol.com/finance/student-loans-affect-credit...

    If you default on your student loan, you risk damaging your credit permanently. For federal loans, default occurs after 270 days of nonpayment and remains on your credit report for up to seven ...

  3. 8 Questions To Ask Yourself Before You Take Out Student Loans

    www.aol.com/finance/8-questions-ask-yourself...

    Federal loans currently have fixed interest rates ranging from 6.53% to 9.08%, while private loans can have variable rates exceeding 10%. Borrowers should carefully review the interest rates and ...

  4. Student Loans: How Much Do Late Payments Affect Your Credit ...

    www.aol.com/finance/student-loans-much-payments...

    In response to the COVID-19 pandemic, most federal student loans have been paused since March 2020. Student loan interest has been set at zero and collections have been stopped on defaulted loans...

  5. Student loan forbearance vs. deferment: Key differences and ...

    www.aol.com/finance/student-loan-forbearance-vs...

    Federal student loan forbearance allows you to skip your student loan payments for a given time or temporarily make a smaller payment. The catch: Interest will still accrue on your balance.

  6. How does deferring a loan affect my credit score? - AOL

    www.aol.com/finance/does-deferring-loan-affect...

    Here's the good news: Deferring loan payments does not directly affect your credit scores. In fact, if you're having trouble making payments, it can be a good idea to defer your loans until you ...

  7. What happens if you don’t pay your student loans? - AOL

    www.aol.com/happens-don-t-pay-student-113954397.html

    Normally, a federal student loan becomes delinquent the first day after a payment is missed. Loan servicers will report the delinquency to the three national credit bureaus if a payment is not ...

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