Managing your credit while in college is as difficult as managing it after college. If you think you'll accumulate consumer debt and will or already have student loans, consider their overall effects. Make careful decisions based on long-term goals as these debts are reflected on your credit report and can have a long-standing impact on your future goals.
When you apply for an alternative educational loan, the lending institution or creditor will evaluate your credit history. This may involve requesting a copy of your credit report and/or your credit score from an authorized reporting agency. Lenders use this information to determine whether they should extend credit to you based on your "willingness to repay the loan," as demonstrated by your past credit performance.