FAFSA Parent PLUS Loan Endorser confusion - showing on wrong credit report

This is actually normal. While you are the endorser (essentially a co-signer), the Primary Borrower (her father) is the one who is primarily responsible for the loan. The loan will always appear on his credit report first as he's the primary borrower. The endorser obligation typically only shows on YOUR credit if the primary borrower defaults and the loan gets transferred to you for responsibility. So right now everything is working as it should - it's on his credit because he's making the payments (I assume).

when i cosigned for my nephews parent plus i was told the EXACT same thing!!! that it would be on my credit report right away but it took like 8 months to show up. have you checked all 3 credit bureaus??? sometimes it shows on transunion but not the others i think it depends which one the loan servicer reports to

Financial aid advisor here - there's some confusion in the previous replies. As an endorser for a Parent PLUS loan, you are essentially guaranteeing the loan if the primary borrower (the father) fails to repay. However, the reporting practices to credit bureaus can vary by loan servicer. Some servicers report the loan to both the primary borrower and endorser's credit immediately, while others only report to the endorser if the loan enters delinquency or default. I recommend: 1. Contact the loan servicer directly (not just the school) to confirm your endorser status is properly recorded 2. Ask specifically about their credit reporting policies for endorsers 3. Get documentation of your endorser obligation in writing This way you'll have clarity on when/if it will appear on your credit report and confirmation your endorser status is properly recorded in their system.

I had the EXACT same issue last year with my son's Parent PLUS loan where I was the endorser for his mom's loan. Spent HOURS trying to call Federal Student Aid and was on hold forever, kept getting disconnected. Eventually used Claimyr (claimyr.com) to get through - they have this service that holds your place in line and calls you back when an agent is available. Saved me tons of time and frustration. They have a video demo here if you're interested: https://youtu.be/TbC8dZQWYNQ Anyway, once I got through, they explained that as an endorser, it usually only shows on your credit if 1) the loan servicer reports to all bureaus for both parties (not all do) or 2) the primary borrower misses payments. They confirmed everything was set up correctly in my case. Might be worth checking!

Everybody on here is giving you different answers lol. My daughter has a PLUS loan I took out and my wife endorsed. It showed up on BOTH our credit reports within 2 months. Maybe check with the loan servicer if they actually processed your endorsement correctly? Could be a paperwork error.

I'm dealing with a similar situation and found out something important you should know. When you're an endorser, you're still legally responsible for the loan if the primary borrower doesn't pay, EVEN IF it's not showing on your credit report yet. So don't assume you're off the hook just because it's not on your report. I learned this the hard way when my ex stopped paying and suddenly I got collection calls even though it had never appeared on my credit before then! Check your loan paperwork carefully.

Just to follow up on my earlier comment - the Parent PLUS endorser situation is different from co-signing a private student loan. With private loans, both signers usually see it on their credit report immediately. With federal PLUS loans, the reporting practices can vary. The important thing is that your legal obligation as an endorser exists regardless of what's on your credit report currently. If you signed the Master Promissory Note as an endorser, you're on the hook if the primary borrower defaults, whether it shows on your credit now or not.

my cousins endorser situation showed up RIGHT AWAY but my nephews took forever!!! i think its diffrent for each loan company!!

I'm new to this whole Parent PLUS endorser thing - my sister asked me to endorse her loan for my niece's college and I'm trying to understand what I'm getting into. From reading all these responses, it sounds like the credit reporting varies a lot between servicers? Should I ask specific questions when I talk to the financial aid office about what to expect? I don't want to be caught off guard like some of you were with conflicting information from different people!

I went through this exact same situation with my son's Parent PLUS loan where I was the endorser for my ex-wife. The confusion about credit reporting is SO common! What I discovered after calling around is that different loan servicers (Nelnet, Great Lakes, FedLoan, etc.) have completely different policies on when they report endorser information to credit bureaus. Some report immediately, others only after the first payment is made, and some only if there's a delinquency. Here's what I wish someone had told me upfront: regardless of what shows on your credit report, you're legally bound as an endorser from day one. I'd recommend calling your specific loan servicer (you can find this info on the National Student Loan Data System at nslds.ed.gov) and asking them directly about their credit reporting timeline for endorsers. Also ask for your endorser reference number and get confirmation in writing or email. The financial aid officers at schools often don't know the specific policies of each servicer, which is why you're getting conflicting information. Go straight to the source - it'll save you a lot of confusion!