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Effects on credit score/report

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
Regular Contributor

Effects on credit score/report

I have student loans through Navient. Let's say hypothetically, I would be offered student loan forgiveness for partial or the remaining balance... would that affect my score seeing that account is 8 yrs and is helping with my AAOA?
Sep 2018: FICO 8 scores: High 500's to low 600's across the board.
April 2019: FICO 8 scores: Ex: 670 TU 679 EQ 698

Predicted scores by Jul/Aug 2019: EX 685, TU 690 EQ 708
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Re: Effects on credit score/report

Hi - I had my balance zeroed out on my student loans last year. I was hoping for some change of some sort on my credit scores but it had no effect whatsoever. I believe I read others had a similar result. I was kind of bummed out about it but having a zero balance on my student loans was very satisfying. Best of luck!

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