Established Contributor
FicoTron
Posts: 512
Registered: ‎01-27-2011
Re: Mohela and Direct Loans
My tradelines were reporting as double for a little while cause direct loans and Mohela were reporting the same balance. It ended up being fixed without having to do anything. I think direct loans is finally getting around to reporting correctly after this huge change over the last year with their accounts. As far as these appearing as new accounts, they are new to your report, but they are as old as when they originated with direct loans, which should help your scores in most cases by strengthening your AAoA.
EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12