How does the plus loan effect married parents

mom2collegekids
Thu, 02 May 2013 04:45:22 +0000

I don’t think the loan would show up on his credit report, but in many/most states, debt of one spouse is debt to the other spouse if they were ever to divorce.

If your dad is just concerned about his own credit score, I don’t think his would be affected. However, if your mom is paying back the Plus loan then it would seem that the family finances would be affected by that as she would have less money going towards the household while she’s paying back that loan.