Posted on Jul 25, 2014
Should AER Loan repayments be reflected in your credit reports?
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An AER Loan is just like any other loan that a Soldier is responsible for repaying. So why is it not reflected in their credit report? Would this not help Soldiers establish or improve their credit scores?
Posted >1 y ago
Responses: 11
I can see this really kicking people while they are already down. AER is designed to help Soldiers, especially by keeping them away from predatory lenders. This would be a step in the wrong direction.
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I think we need to leave the question to the credit reporting to the AER and the credit reporting agencies. I am willing to think they have adequate reason for the path they take.
Remember, as shown in the comments, it could prove either good or bad to a lender.
Sometimes it is best to not change things.
Remember, as shown in the comments, it could prove either good or bad to a lender.
Sometimes it is best to not change things.
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