If You Have a Graduate Degree You Probably Have Better Credit Than Most

iStock

If You Have a Graduate Degree You Probably Have Better Credit Than Most

Mar, 3rd 2017

Consumers' credit scores are affected by the amount of student loans they accrue as the amount of debt can lower their creditworthiness.

While the type of bachelors or associate degree does not correlate directly with income, consumers who have graduate degrees tend to have higher credit scores, said Alex Coleman, vice president of data analytics and partnership, based on an analysis of data from the customer database of LendEDU, a Hoboken, N.J.-based student loan marketplace.

Graduates with an MBA, law or pharmacy degree or even a PhD tend to earn higher incomes and often produce a higher credit score, LendEDU said. People who have graduate degrees often have higher amounts of student loans, along with large auto loans and mortgages.

The study indicates that...

Read More

Join Us. We are waiting for you!

Sign Up Today!

We welcome you to our community where you can gather and share information on debts and issues which may have your life unsettled. Together we thrive!


Logo mobile 4b2fda9e088d7249be95ede0cc3adea2de299a346ba55b450264e0c976b239c5

Join our community Today! IT'S FREE

Our Interactive Knowledge Base Has All The Infomation You Need To Settle Your Debt & Settle Your Life™

SIGN UP NOW!

Join, Resolve & Share!