10-18-2013 10:05 PM
10-19-2013 02:49 PM
Student loans are often sold to different servicers, and the process has no negative effect on your credit. Where are you seeing this red flag? Is there any negative information associated with the account, like a late payment?
Closed accounts in good standing stay on your report for 10 years, and generally they have a positive effect since they continue to factor in your average age of accounts.