Student Loan Weirdness

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Specializes in Hospice / Ambulatory Clinic.

So I pulled up my free credit report the other day and notice something weird. My student loans have been transfered back and forth to a bunch of different servicers. Now on my credit report I have like 12 loans most of them "paid off/transfered" I didn't get my credit score because the report was one of the free ones but I wonder if this hurts my score.

weird....

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No. This is not going to affect your score. I've been in the mortgage industry for many years and have more practice with credit reports than the 3 bureaus! LOL. This is typical for student loans. Don't stress too much unless one of them (or all of them) are reporting late. Also, I would make sure the ones that say transferred/paid off, have a zero balance.

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Specializes in Hospice / Ambulatory Clinic.

Thanks. Because I'll probably need to get another this year if I go back for my RN

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Specializes in None.

I dont know if this is true or not, but I was told different companies buy student loans

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