Did you mean: days
Showing 1-1 of 1 results
-
Developing a credit record as a freelancer
Business, Published on 06/10/2014
ยป nnn I borrowed a student loan and will graduate this year. I will have a grace period on the loan for two years after graduation. I have a freelance job that provides mostly steady income every month and I think I will keep it. My pay goes into a savings account without withholding tax, which could cause me difficulty in getting loan approval in the future, as there is no firm evidence of my income. Over the next two years I plan to buy a car or a condo near my workplace, but I'm concerned about how to make the bank believe I can repay debt since I'm a freelancer. Should I start paying off the student loan now to create a good credit profile? Does the bank take payments into account when it comes to housing or car loan approvals, especially for freelancers? Can I start paying off my student loan ahead of the specified date?
Your recent history
-
Recently searched
-
Recently viewed links