Hey guys! I need some direction/help. I've spent the last 2 years rebuilding my credit and getting it where I want, and then I received an email that my student loan servicer was changing. My student loans are my longest accounts and if they were to close it would drop my AAoC from 19 months to 7 months, which would affect my score. My question is when the servicer changes will it affect my AAoC or will the new account with the new servicer be backdated to when they were opened?
Have no fear! They'll be back dated.
On two of my CRAs, changed servicers were on with the ones they changed from, so double the old line aging metrics (EX deleted the closed/transferred line, so less love there).
Thanks for posting this. My loans are switching from navient to Aidvantage and I've also been rebuilding for almost a year and have been having major anxiety about how the new loans would report, so this was my exact question. I'm so relieved to hear they'll be backdated!
Thanks for posting this