A quick guide to get student loan relief and improve your credit score book read reviews from worlds largest community for readers the 12 trillion . A quick guide to get student loan relief and improve your credit score author learncabgctsnetorg simone wannemaker 2020 12 16 04 18 24 subject a quick guide to get student loan relief and improve your credit score keywords aquickguidetogetstudentloanreliefandimproveyourcreditscore created date 12 16 2020 41824 am. The range of aprs is 799 to 2999 and your actual apr will depend upon factors including your credit score usage and history the requested loan amount the stated loan purpose and the term of the requested loan to qualify for a 799 apr loan a borrower will need excellent credit on a loan for an amount less than 1200000 and with a term equal to 24 months adding a co borrower with sufficient income using at least eighty five percent 85 of the loan proceeds to directly pay . Student loans and your credit scores typically student loans wont hurt your credit scores if they are paid on time and they can often help your scores if you fall behind however those late payments can cause your credit scores to drop significantly for that reason it is especially important to try to repay your student loans. Credit builder loans can offer a small credit score boost as you lend money to yourself you make monthly payments into an interest bearing certificate of deposit cd for up to 24 months the bank