New Visitor
Posts: 1
Registered: ‎06-21-2012
Re: Mohela and Direct Loans

Just received my first credit report showing Mohela as loan servicer and from what I see, this is true. HOWEVER, they are now reported as separate loans and, for some reason, this has dropped my credit score by 30 points. The only other changes to my record are one old credit account that came off, which was closed in good standing at my request years ago. Does anyone have any idea why my credit score was so negatively affected? The only significant change in my report is the reporting of my loans as 10 separate "new or changed" accounts. Help!?