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My credit score is suffering as a result of my loans

I don’t have to start paying back my student loan until December which is great (through Canada). I owe about $18,000 through the government, $1400 through my province and then $9400 with my bank on a student line of credit. My credit score has already went from being in the 700’s to under 700. I am realizing now and panicking as it has only been since June I have been out of school.

I made an appt with my bank to see if there is anything that can be done.

My original plan for payments was as follows
Government: $400/month
Province: $100/month
Bank: $500/month
All loans to be paid off within 4 years give or take.

I don’t know why I am posting this other than to hear someone say this happens and things will work out.

My credit score is suffering as a result of my loans – RobinHood – Reddit Feed


View Reddit by danielle_julianneView Source

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