Money Matters
kelley198721
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Does making school loan payments help credit score?
Hi all, I was wondering if you had heard this and if it was true.
My credit score is not good due to me screwing up with credit cards when I was 19. I'm 25 now. My school loan payments are due to start up in May.
A friend told me that if I make my payments on time, it will help my credit score go up. Is this true? Or was she wrong?
Thanks in advance!
Re: Does making school loan payments help credit score?
Yes, demonstrating a record of timely payments will improve your score over time. The key word though, is time. Give it a good year of timely payments on *everything* - your loans, credit cards, rent - and you should start to see improvement.
Making the payments and making them on time will move your score up over time.
To echo the PP, it takes time to rebuild your score.
And you also should make on time payments on your other debts, bills and any other obligation you have and are trying to clear up from the past.
Like PPs - building/bettering your credit takes time. It may seem like a PITA, but it's the way it works.