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New Direct Loans loan and reporting question

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Breakthecycle2
Established Contributor

New Direct Loans loan and reporting question

I just pulled my report and it is reporting already. I just started school. Is this normal procedure?


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3 REPLIES 3
Lel
Moderator Emeritus

Re: New Direct Loans loan and reporting question

In theory, new credit accounts can be reported from the very first day that they are opened.

Message 2 of 4
Anonymous
Not applicable

Re: New Direct Loans loan and reporting question

Pretty normal for Direct Loans. Good News is Dept of Ed is pretty easy to deal with as a lender.

Message 3 of 4
Breakthecycle2
Established Contributor

Re: New Direct Loans loan and reporting question

 


@Anonymous wrote:

Pretty normal for Direct Loans. Good News is Dept of Ed is pretty easy to deal with as a lender.


 

OK, I just wanted to make sure. I am not scheduled to begin payments for another four or five years. Thanks guys!

 


Starting Score: 454
Current Score: 690
Goal Score: 750


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