Student loans transferred-credit score drop

[2011beginnings]

Recently, my oldest accounts (student loans) were transferred from Direct Loan to Fedloan. These were my oldest accounts; with a starting date of 2006.

As a result, I just noticed my Credit Karma score went down from 721 to 709.

I thought accounts stayed with you for 10 years.

Why did my score drop?

Is this just a FAKO score stop and not a FICO drop?

Is there anything I should do or can do to get my score back?

[pakman92]

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@2011beginnings wrote:
Recently, my oldest accounts (student loans) were transferred from Direct Loan to Fedloan. These were my oldest accounts; with a starting date of 2006.

As a result, I just noticed my Credit Karma score went down from 721 to 709.

I thought accounts stayed with you for 10 years.

Why did my score drop?

Is this just a FAKO score stop and not a FICO drop?

Is there anything I should do or can do to get my score back?

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First of all, I would not assume from the Credit Karma FAKO drop that your FICO dropped.  However, I believe you now have a brand new account reporting.  That will have an effect since it's new credit and since it may have lowered your AAoA.

It is true that your old loans will continue to report for 10 more years.