Wednesday, October 28th, 2009

Do banks look at school loans for income to debt ratio?

debt ratio
Dan J asked:


Do the banks look at school loans that are in deferment when they look at your debt to income ratio to see if they are able to offer you a loan?

2 Responses to “Do banks look at school loans for income to debt ratio?”

zipper Says:

YES! they do, because they know these loans will not stay deferred for ever.

Ted Says:

Of course if the loan in in deferment because you are a full time student, they might wonder how you intend to pay it back.

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