 TITLE: Do Parent PLUS Loans Affect Your Credit Score? CONTENT: Consider All Your Funding Options\n---------------------------------\nThe lack of a credit score requirement and guaranteed loan amount makes parent PLUS loans a good fit for some parents who want to help pay for a child's college expenses, but it might not be the best option for everyone. For example, sometimes having a child borrow more in federal student loans and then making payments on their behalf may make more sense in your situation. Or, if you have good credit, you may find private student loans offer a better rate than federal parent PLUS loans, but remember that private loans usually don't offer the same types of benefits federal loans do. Additionally, you should encourage your child to apply for scholarships and grants every school year to limit how much both of you might need to borrow. END