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Fedloan new servicer

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Anonymous
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Fedloan new servicer

My loans where transfer to myfedloan April 13. Does anybody know how long for it take to show up credit report?

Message 1 of 4
3 REPLIES 3
calyx
Super Contributor

Re: Fedloan new servicer

My loan was transferred to FedLoan recently -  it was closed in November but didn't show up on my reports (with Fedloan) until Feb/Mar.

Happy practitioner of AZE7or8or9or10 | Team Finances > FICO
Message 2 of 4
Anonymous
Not applicable

Re: Fedloan new servicer

Thanks for reply. Caly any idea when they report for you to cra?


@calyx wrote:

My loan was transferred to FedLoan recently -  it was closed in November but didn't show up on my reports (with Fedloan) until Feb/Mar.


 

Message 3 of 4
calyx
Super Contributor

Re: Fedloan new servicer

I'm unsure what you mean by "when they report"


They report monthly.   It varies between CRAs (up to 2 weeks between them sometimes), but they do report the balance as of end of the month (principle + interest, though right now there's 0% interest).    

Happy practitioner of AZE7or8or9or10 | Team Finances > FICO
Message 4 of 4
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