How Student Loans Affect Your Credit

Does student loans affect your credit? The short answer is that yes, it can help or hurt it. Student loan consolidation and refinancing have many benefits, including the potential to give your credit score a boost. But that doesn’t mean you should automatically run and consolidate your student debt. In this video, we cover the main issues to remember when considering student loan consolidation and your credit score.

📒 Show Notes 📒
✅ Does having decent credit matter in the student loan world
✅ How does student loan consolidation affect credit?
✅ Will refinancing student loans hurt my credit?
✅ The impact of hard credit checks
✅ Other consolidating scenarios that could hurt your credit
✅ Should you consolidate or refinance your student loans?

Feeling helpless when it comes to your student loans?

➡️ Check out our refinancing bonuses we negotiated: https://www.studentloanplanner.com/refinance-student-loans/
➡️ Book your custom student loan plan: https://www.studentloanplanner.com/hire-student-loan-help/

📩 Subscribe to our email list (bottom of page) 📩

🎧 Find #StudentLoanPlanner on your favorite podcast platform! 🎧

➡️ Subscribe on Apple Podcasts, Spotify or Google Podcasts

Legal: Student Loan Planner is a financial coaching company and does not claim to provide financial advice on investment products. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program. We may earn compensation from advertising partners when you click on links on our site. Student Loan Planner is not a debt settlement or debt relief company. We do not provide tax or legal advice.

#StudentLoanPlanner #TravisHornsby #CreditScore #StudentLoans #StudentLoansAndCredit

Source: Student Loan Planner

  • Bankruptcy & Student Loans: Breaking Down the Process
    You can file bankruptcy on your student loans. It’s just hard to do. Plus it takes an extra step. First, you file bankruptcy. Either a chapter 7 or chapter 13 will do. Next, you have to file an adversary proceeding. The adversary proceeding is a lawsuit where you argue to the court that you […]
  • Haverford College Customs Program
    One of Haverford College’s unique traditions is the Customs Program, our year-long first-year orientation. Over the course of the year, nearly 80 upperclass students work to support, in a multiplicity of ways, 350+ first-year students in their transition to college life. Customs is an […]
  • CCC Board Of Governors Meeting | September 2020 Part A
    The California Community Colleges Board of Governors sets policy and provides guidance for the 116 colleges that constitute the system. The 17-member board is appointed by the governor and formally interacts with state and federal officials and other organizations. The board selects a chancellor […]
  • America’s Teaching Zoo at Moorpark College
    America’s Teaching Zoo, home to the Exotic Animal Training and Management Program, at Moorpark College prepares students to work with animals in all different fields, from conservation programs to training animals at Sea World to working with dogs in television and movies, and everything in […]
  • Post-crisis Economics: Thinking on the Average
    Small decisions add up to big effects. The crises of our day have made this plainer than ever. In the John Mason Lecture, economist Dr. Kristen Cooper will argue that although people make decisions incrementally—“on the margin” in economist lingo—what they care about is the cumulative effect of […]
  • De Anza College 2020 Commencement: Evan Low
    #deanzagrad2020 #deanzacollege De Anza College is • Tops in Transfer: Always at or near the top statewide in community college transfers to the University of California, California State University and private universities • Tops in Career Training: Award-winning programs designed by industry […]
  • CAN/DID: Inclusion in Practice at De Anza College: Intercultural Studies Part I | De Anza College
    CAN/DID: Standing Against Racism and Injustice CAN/DID is an ongoing multimedia series that explores equity and social justice issues – including lessons we can all learn from the struggles of different groups and individuals – by drawing on the knowledge and experience of De Anza College students, […]
  • Declining Reimbursement Rates, plus What Trump’s Finances Show About Student Loans
    If you’re facing a potential salary decrease due to decreasing insurance reimbursement rates, you can start to worry about paying your student loans. In this episode, I talk about steps to take to mitigate the impact and what you can do if you’re in this situation. I also cover lessons you can […]
  • Naked Financial Minute: Dream School or Future Financial Nightmare?
    College Ave Student Loans has teamed up with Harlan Cohen, America’s #1 College Life Expert and best-selling author of The Naked Roommate, to help students and their families get comfortable with the uncomfortable when it comes to college and money. In this episode of the Naked Financial Minute, […]
  • Heritage Introduction
    Heritage is a pilot summer enrichment program designed to equip classically-trained students with the tools and zeal to engage with their own education. Through workshops led by Gordon College faculty and cultural outings within the Greater Boston area, students will grow as creative thinkers and […]
  • What Makes a Good College Essay Topic? | College Covered
    One of the most daunting aspects of the college application process is the college essay. Whether you have to write an open-ended personal statement, a school-specific topic or you’re answering a question from the Common Application’s essay prompts, deciding what you will write about is often the […]
  • 5 Actions That Could Save You More Than Student Loan Cancellation | Student Loan Planner
    Are you waiting for student loan cancellation? Unfortunately there is no immediate answer for this to happen anytime soon. However, in this video we share 5 actions that could save you more than student loan cancellation. Comment if we missed any and if there are any actions you’ve taken that […]
  • 2018 Tour of What’s New at Ursinus for Fall Semester
    Shot in 2018, student tour guide Emily gives us a sneak peek at some of the exciting additions to campus for the upcoming fall semester. Source: Ursinus College […]
  • What President Biden Might Do to Student Loans
    Each state is working to certify the official election results, but we have an apparent winner in President-Elect Joe Biden. Given the history of Obama-Biden student loan policies, it’s likely that we’ll see some progressive changes that could affect the future of student loans. Here are seven […]
  • What is a Dead Period?
    Learn what a dead period is in NCAA recruiting and what to expect during it. SUMMARY • Get more information about the NCAA Quiet Period https://www.ncsasports.org/ncaa-eligibility-center/recruiting-rules/quiet-period • Get more information about the NCAA Dead Period: […]
  • Making a Football Defensive Line Skills Video During COVID-19
    Learn how to make a football defensive line skills video during COVID-19 and what college coaches are looking for at your position/level. Watch our football defensive line expert analyze skills footage and get actionable tips for showcasing the skills coaches want to see in your video. NCSA […]
  • Bob Whittet Feb 03, 2021
    Bob Whittet, Chaplain – The Intersection of Faith and Life, James 1 – Gordon College Chapel Source: Gordon College […]
  • (Ep. 124) Can You Settle Your Debt? | Student Loan Planner
    Join me and special guest Christie Arkovich who has specialized in helping clients get through financial hardships since 1995. Christie was a champion of the student loan system working for Sallie Mae during the early stages of her career but came to realize that the system is broken. We talk about […]
  • Why Aren’t My Student Loans Covered by Pres. Biden’s Freeze?
    👀Q1: Are Parent Plus Loans covered by Pres. Biden’s student loan suspension? A: It depends. If your Parent Plus Loans are owned by the Department of Education, then, yes, your loans are covered. But if they’re owned by a guaranty agency, then, no, your loans aren’t covered. Call […]
  • President Trump’s Executive Order & Student Loan Payments
    Federal student loan payments for student loans owned by the Department of Education are suspended through 2020. This suspension covers most but not all borrowers. You see the Dept. of Education doesn’t directly own all federal student loans. Some federal student loans are owned by your […]
  • Personal protection with John Potash
    Source: Western Iowa Tech Community College […]
  • How to Choose a Financial Advisor | Student Loan Planner Explains
    There are benefits of having a financial advisor, the best financial advisor is one that puts your interest first including saving goals, building a retirement plan and investing in strategic ways so you can reach your goals, while paying your student loans. Feeling helpless when it comes to your […]
  • Learning During COVID-19 and the Power of Giving
    Ian Johnson ’21, majoring in biology with a minor in marine science, shares with us what it has been like as a student this past semester. To all of our Ursinus students, we are so proud of you and how you’ve defended our den.  As we prepare to take on the spring semester, please consider a gift in […]
  • Excerpts from “In the Studio with George Johanson:
    These excerpts from “In the Studio with George Johanson” were prepared for PCC’s Helzer Gallery’s Visiting Artist Program in 2021. The original, longer video is also available online at https://youtu.be/V4bXsX1vuaE Video produced by the Rock Creek Art Department and the Video Production Unit […]
  • NCAA Recruiting Calendars (How to Use Them)
    The NCAA recruiting calendars outline 1:40 when (and how) NCAA DI and DII college coaches can proactively start recruiting athletes. Our experts discuss key terms and how to best use the calendars in your process. 4:20 It’s important to know the different periods in the NCAA Recruiting Calendar to […]
  • Build Together – Erin Beaty
    Portland Community College Building Construction Technology student, Erin Beaty, takes viewers on a tour of her garage-building worksite and tiny home. Also featuring PCC instructor, Brad Fox. Filmed for PCC’s Tomorrow Together fundraiser. Source: Portland Community College […]
  • How Much Is the Head Coach Involved in the Recruiting Process?
    Our experts discuss how involved the head coach is involved in the recruiting process of high school student-athletes. The NCAA recruiting rules are now different for each division level. While coaches have their different methods for scouting out new talent, the best way to ensure a coach knows […]
  • Make the Most of Your Winter – Online! De Anza College Winter Quarter 2021 | De Anza College
    Enroll now and make the most of your time – online! All classes will be held online in fall quarter 2021 at De Anza College, the college that’s always Tops in Transfer – and more! deanza.edu/apply-and-register De Anza College is always • Tops in Transfer: Always at or near the top statewide in […]
  • Vision in Acton: Next Frontier Session 1
    Source: California Community Colleges […]
  • When Should You Refinance Your Zero Percent Federal Student Loans? | Student Loan Planner
    Read the full article: https://www.studentloanplanner.com/refinance-federal-student-loans/ Source: Student Loan Planner […]
  • CCC Board Of Governors Meeting | November 2020 Part A
    The California Community Colleges Board of Governors sets policy and provides guidance for the 116 colleges that constitute the system. The 17-member board is appointed by the governor and formally interacts with state and federal officials and other organizations. The board selects a chancellor […]
  • TaxAct 2021 Review | Improvements, But Is It Worth It?
    TaxAct had some improvements this year, but higher pricing makes us pause. Here’s our full TaxAct review: https://theci.co/taxact Here’s what we’re talking about in this video: 0:58 – Is TaxAct free? 1:41 – What’s new in 2021 for TaxAct? 2:29 – […]
  • Student Loans on Credit Report | Q+A w/Credit Repair Pro John Boll
    For many of my clients, the works not done after I solve their student loan issue. Next, they worry about improving their credit scores so they can buy a home or finance a car or get approved for a loan. In this week’s Q+A, I sat down with Credit Repair Pro. John Boll to answer questions […]
  • CCC President Tim Cook welcomes you to winter term
    Clackamas Community College President Tim Cook would like to welcome all students to the start of winter term 2021! Source: Clackamas Community College […]
  • Being Coachable vs. Being Uncoachable
    Our recruiting experts give some examples of what being coachable and uncoachable looks like to college coaches. Coachable • You are willing to learn and improve • You actively listen to constructive criticism from coaches and apply that feedback in practice and competitions • You are open-minded […]
  • Salvation is Created
    Composer: Pavel Chesnokov Arranger: Erik Steighner Performing Group: Blinn College Saxophone Ensemble- Under the direction of Mr. Brian Klekar Performers: Brian Klekar- Soprano Saxophone Denzel Blackmon- Alto Saxophone Kyle Truss- Tenor Saxophone Michael Yocum- Tenor Saxophone Ohany Acosta- […]
  • Taking California Community Colleges to New Heights
    The Fullerton College Drone Lab teaches students to become better and safer pilots in the rapidly-growing drone industry. Students from all industry sectors can learn how drones can help enhance their workplace, while learning to be safer in the skies. Source: California Community Colleges […]
  • See Yourself be Successful: Building Confidence Through Imagery
    Join Lindsey Hamilton, IMG Academy’s Head of Mental Conditioning as she explains how using imagery in your mental preparation can help foster increased confidence and enhanced athletic performance. At IMG, she leads, develops and facilitates a team of 12 mental conditioning coaches that oversee the […]
  • Q: How to stop a student loan garnishment after it starts?
    In this video, you’ll learn how to stop a student loan wage garnishment after it starts. *************************************** The first step in stopping a student loan wage garnishment is identifying whether you’re being garnished for a private student loan or federal student loan. If […]
  • What does a D1 middle infielder look like?
    What does a D1 softball middle infielder look like? Former D1 head softball coach Holly Bruder breaks down what a D1 middle infielder should have in their softball skills video. RESOURCES Build a free profile https://getrecruited.ncsasports.org/lp/softball-scholarships/ College Softball Recruiting […]
  • Directing I: The Director’s Vision
    Directing I: The Director’s Vision presents short video responses to Edward Albee’s “Who’s Afraid of Virginia Woolf?” Staged, recorded, and edited by the students in Directing I. Featuring the work of: Timothy Atkinson, Martha Bennett, Louis Celt, Delaney Circe, Graeme Cohen, Delaney Hill, Brooks […]
  • Your Student Loan Questions Answered
    We have seen a lot of changes to the student loan system over the last few months. The Student Loan Planner team of consultants – Meagan Landress, Lauryn Williams, Justin Harvey, and Rob Bertman – are following the changes to keep you up to date. In this episode, they’re answering your […]
  • Alumni Talks: Politics, Policy, and Public Service
    Source: Gordon College […]
  • $40k in Student Loan Forgiveness + Buy A Home? SmartBuy Program Overview
    Looking to buy a home but got student loans? Check out 👇this video. The state of Illinois is offering people up to $40 thousand in student loan forgiveness (both federal and private) if you buy a home in Illinois. You can check out the SmartBuy Program for more information: […]
  • DeJardin Hall time-lapse
    In November 2014, voters in the Clackamas Community College district approved a $90-million bond measure that is being used to update and expand college classrooms and labs and modernize equipment to meet industry standards. Passage of the bond also results in CCC receiving $32 million in state […]
  • Student Loan Debt: Tax Deduction Write-Off | DO THIS TO SAVE with Student Loans
    Let’s talk about student loan tax deductions. In this video, we cover how you can save BIG with student loan debt tax deduction write-offs. Let us know if you have done this by commenting below and don’t forget to subscribe if you’re new here! 💻 Student Loan Interest Deduction […]
  • Blinn College Board of Trustees – Board Meeting – January 19, 2021
    Blinn College Board of Trustees Source: Blinn College […]
  • Dr. Micheala Edwards – Student Loan Tutor Testimonial Livestream
    Join Dr. Micheala Edwards (President, American Black Chiropractic Assoc.) & Student Loan Tutor’s Maggie Mesa (PR) to talk about learning Federal Student Loan savings strategies for chiropractors, health professionals, and small business owners with school debt. The Testimonial Livestream […]
  • How has Haverford Helped You Grow?
    Source: Haverford College […]
  • FreeTaxUSA Review 2021 | Best Bargain Tax Software
    FreeTaxUSA is again our pick for the best bargain tax software in 2021 due to low prices for investors, business owners, and other DIY-ers. Here’s our full FreeTaxUSA review: https://theci.co/freetaxusa Here’s what we’re talking about in this video: ▶︎ What’s new with […]
  • Here’s what happened when she reopened her bankruptcy to try to discharge her student loan debt
    Jennifer’s private student loans had been kicking her ass for years. She asked for a lower payment. She tried to refinance. She tried everything. None of it worked. So she decided to file bankruptcy. That bought her a little bit of time to figure things out. But when her b bankruptcy was […]
  • 4 Ways to Enhance Your Physical Wellness
    Physical Wellness is achieved through balanced nutrition, regular exercise, good physical health habits, and seeking health care when needed. Here are 4 quick ways you can enhance your physical wellness. Source: Ascent Student Loans […]
  • What does a D1 baseball first baseman look like?
    What does a D1 baseball first baseman look like? Former Division 1 player and NCSA’s Director of Baseball Nelson Gord, breaks down what a D1 first baseman should have in their baseball skills video. RESOURCES Build a free profile https://getrecruited.ncsasports.org/lp/baseball-scholarships/ […]
  • Make the Most of Your Fall – Online! De Anza College Fall Quarter 2020 | De Anza College
    Enroll now and make the most of your time – online! All classes will be held online in fall quarter 2020 at De Anza College, the college that’s always Tops in Transfer – and more! deanza.edu/apply-and-register De Anza College is always • Tops in Transfer: Always at or near the top statewide in […]
  • Is 2021 a Bubble for Investing?
    Wondering what’s going on with the financial markets? I’m joined by consultants Rob Bertman CFA, CFP® and one of our newest consultants, Molly Laughter MBA, CFA, CFP® to examine whether we’re in a bubble. The three of us have a variety of experiences handling billions of investment dollars. We’re […]
  • Basics of Negotiating Student Loan Settlements
    Looking to negotiate a payoff for your student loans? Here’s what you need to know. Read more: https://www.tateesq.com/learn/can-you-negotiate-student-loan-settlement *** 👉 Work with me: http://tateesq.com/free-talk Source: #1 Student Loan Lawyer | Tate Law […]
  • 5 Best Business Budgeting Systems And Tools
    If you have a business, chances are you’ve thought about building a business budget. Luckily, there are tools and systems that can help: https://theci.co/bizbudget Here’s what we’re talking about in this video: ▶︎ Why you need a budget for your business ▶︎ Business budgeting […]
  • The Difference Between NCAA Divisions Explained
    One question we get a lot is what NCAA division level should I play? In this video, our experts explain the NCAA divisions and how to decide which is the best fit for you. https://www.ncsasports.org/best-colleges#division-level TIMECODES 0:55 Show Outline 2:09 The difference between NCAA divisions […]
  • To Cosign or Not to Cosign? Your Questions Answered | College Covered
    College students may look to private student loans to help cover their college costs. Since many undergraduate students are still building their credit history, they may need to add a cosigner to qualify for a private student loan. Learn more about what a cosigner is and how they can help you get a […]
  • College Recruiting Timeline: Sophomore Year
    Our recruiting experts break down the recruiting timeline activities athletes should follow in their sophomore year. https://www.ncsasports.org/recruiting/how-to-get-recruited/college-recruiting-process Have a question you want answered about the college recruiting process? Send an email to […]