I had 2 student loans through Direct Loans, which have been transferred to Cornerstone.  However, all 4 loans are reporting balances on my Equifax and Experian reports. Shouldn't Direct Loans be reporting as transferred with a  zero balance instead of open/never late with a balance?

How is this affecting my credit score? How many points is this decreasing my score? Wherein it looks as if my installment account balances are essentially doubled which would have a negative effect?

Also, all 4 are reporting a higher balance than what the credit limit reports; should this be changed? Is this affecting my credit score?

Any help or advice would be greatly appreciated.  I am in the process of obtaining a mortgage and just realized this possible double reportings and am wondering if this will help my score if corrected.