 TITLE: Loan Forbearance: How to Know if It’s Right For You CONTENT: How Does Forbearance Affect Credit?\n-----------------------------------\nIn addition to providing a much-needed payment reduction or postponement, a forbearance can protect your credit rating. Your student loans continue to appear on your credit report, but would stay in positive standing.\nWhile putting a loan in forbearance can prevent the extreme damage that late payments have on a credit score, it won't have any positive effect on your score because you aren't actively making on-time payments. For both your FICO® Score☉ and VantageScore®, payment history is the most important scoring factor. If a forbearance is the only way to make sure your credit report is clear of delinquencies, it can be a prudent decision. END