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Transferred student loans an AAoA

New Visitor

Transferred student loans an AAoA

I had my student loans through Great lakes since 2010. I work for a non-profit so I sighed up for the public loan forgivness. Because of that they transferred to FedLoan. Will my AAoA take a hit now or how does that work?

 

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Senior Contributor

Re: Transferred student loans an AAoA

If anything it will be a new trade line but the old one will remain for 10 years so your AAOA should not be affected at all .
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Valued Contributor

Re: Transferred student loans an AAoA

in my case, when my loans got transferred t they used the original date of the original loan. Thus effectively backdating four new tradelines. This actually resulted in an older AAofA. This was my case, but of course as always, YMMV. 


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