My Fed Loan Servicing changed from 180 days late to 120 days late this account had been closed and transfered to Us department of ED, why would this change? On credit carma the notation is The Sep 2015 payment status for your Fed Loan Servicing student loan account was updated from "180 days late" to "120 days late" will this make any difference in my credit score? I know i have to wait until 2021 for this to fall off my credit histroy, Us department of ed us current since Jan 2018. This is on the Equifax report on Credit Carma there was no update info for Transunion on Credit Carma.
Thanks for the help
No. It will live on till 2021 as you said. 180, 120 day lates are killers. I'll ping @calyx who is a SL brainiac for more info.
120 or 150 is the same ugly ding, even if it were an update. Check your credit reports from the CRAs, and there will have likely been no change.
I had 120/150 dings and CK would "update" it all the time to different statements (collections, paid, 120/150). It never showed different under my actual CRA reports, and my FICOs were never affected. I honestly think it's just a CK thing.