Question

Which of the following could make it difficult for a student to get a housing or vehicle loan in the future?

Answer 1

A.
not filing the FAFSA every year
B.
opting for a work-study program
C.
borrowing more than required
D.
getting a loan cancelled
E.
defaulting on a student loan

Answer 2

Hi and welcome to QuestionCove.
I think the most important factor for getting a loan approved would be your past credit history. Mainly, how good you've been at handling loaned money in the past.
Out of all of these, defaulting on a student loan would have the biggest negative impact on someone's credit history. As I've just learned, defaulting on a loan means that someone has completely failed to pay back the loan, to the point that legal action may be necessary.