topic Re: Student loan servicer changes: navient to aidvantage in Student Loans

Student loan servicer changes: navient to aidvantage

micvite — Fri, 29 Oct 2021 13:45:47 GMT

Can I get some more confirmation that this change, the new account would backdate to the original opening date for my navient accounts? They're my 2 oldest accounts (2015) and it would be a terrible hit to have 2 new accounts with 0 age hit my credit report... if I have to ill pay them off before that happens because I'm looking to get a mortgage in the next 6-8 months and don't want that to appear on my CR. I was hoping to have them forgiveb but who knows what's gonna happen... it's only 5k so I can cover it easily if I have to.

Re: Student loan servicer changes: navient to aidvantage

calyx — Fri, 29 Oct 2021 12:18:06 GMT

You'll want to cut the politics out of your post before it gets reported.

But the answer is yes, your transferred loans will have the original open date, not a new one.

Re: Student loan servicer changes: navient to aidvantage

micvite — Fri, 29 Oct 2021 23:04:30 GMT

@calyx wrote:
You'll want to cut the politics out of your post before it gets reported.

But the answer is yes, your transferred loans will have the original open date, not a new one.

Is there anything to reference or personal experience? Just want to make 100% sure since my AAoA is only 3 years old and 2 new accs right now would destroy that haha...

Re: Student loan servicer changes: navient to aidvantage

ccquest — Sat, 30 Oct 2021 01:25:29 GMT

It's the same debt and promissory note, just a different servicer.

Re: Student loan servicer changes: navient to aidvantage

micvite — Sat, 30 Oct 2021 08:21:28 GMT

@ccquest wrote:
It's the same debt and promissory note, just a different servicer.

Ah so that's how that works. I thought it was more like when a mortgage switches over because debt was bought or when a credit card servicer changes (one of my moms mortgages from.... I forget who got sold to bofa I believe? And it showed as a completely new account with the remaining balance due, but this was years ago)

Re: Student loan servicer changes: navient to aidvantage

Adkins — Sun, 31 Oct 2021 05:29:19 GMT

@micvite wrote:
@calyx wrote:
You'll want to cut the politics out of your post before it gets reported.

But the answer is yes, your transferred loans will have the original open date, not a new one.
Is there anything to reference or personal experience? Just want to make 100% sure since my AAoA is only 3 years old and 2 new accs right now would destroy that haha...

This is the second time I've had my servicer switched. See my second post in this thread.

Re: Student loan servicer changes: navient to aidvantage

Michelle0395 — Sat, 26 Mar 2022 21:53:53 GMT

HI, I was wondering if it worked out for you or not. My loans have been sold and i too am considering a mortage and a new ava will really hurt at this point. Did they report as a new account or the same date as the orginal loan? Thanks a lot

Re: Student loan servicer changes: navient to aidvantage

micvite — Sat, 26 Mar 2022 23:59:58 GMT

@Michelle0395 wrote:
HI, I was wondering if it worked out for you or not. My loans have been sold and i too am considering a mortage and a new ava will really hurt at this point. Did they report as a new account or the same date as the orginal loan? Thanks a lot

they added aidvantage to the name of the loan lol so now it says student loan navient/aidvantage