Saturday, November 12, 2011

Does Filing a FAFSA Result in a Hard Inquiry Through the Credit Bureaus?

A FAFSA is not an application for credit. It is merely a tool to help the government determine what your financial needs are to attend school. If you apply for student loans, such as Stafford Subsidized and Unsubsidized, they will not run your credit, ever.
The only time you would have a pull on your credit report would be if you applied for a private student loan.

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