credit guide 360 build better credit do student loans fall off credit report student loans are a significant part of many people's Financial Journeys understanding how they affect your credit report is crucial generally student loans remain on your credit report for a specific period when you take out a federal or private student loan it is reported to credit bureaus this means it will appear on your credit report payments made on these loans can influence your credit score positively or negatively if you default on your student loans the negative impact can last longer defaulting typically occurs after 270 days of missed payments this can lead to Serious consequences including wage garnishment after you pay off your student loans they do not immediately disappear from your credit report they usually remain for up to 10 years this duration allows creditors to assess your payment history however if you have a positive payment history this can enhance your credit profile it shows future lenders that you are responsible with credit if you are in repayment and make consistent payments this can be beneficial on the other hand if you enter deferment or forbearance it may not affect your credit score in summary student loans do not simply fall off your credit report after a specific period instead they remain for a while impacting your credit score based on your payment Behavior understanding these Dynamics can help you manage your finances more effectively thanks for tuning into our video please like And subscribe and leave a comment below see you in the next video [Music]