Is there a grace period when rate shopping for student loans where my FICO score isn’t effected?

March 15, 2009 by admin · 1 Comment
Filed under: Financial Aid 
shopping
Mike S asked:


I’m shopping around for education loan rates. When looking at different banks and having them pull my credit I don’t want my credit score to go down each time I have that institution run a credit inquiry.

I know when rate shopping for a mortgage you have 14 days to rate shop and have your credit pulled an unlimited amount of times. Does this apply to rate shopping for educational loans too?

Thanks!