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Posted in Student Loans
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DaleJr882014

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How to fix my credit status with Student loan.
I had my student loan through Edmanage and they just recently transferred it to Mohela...not by choice. So It's saying that I have 1 closed account with edmanage but haven't gotten anything from Mohela on my credit report. What do I need to do to fix this so that it didn't get closed by just transfer to another company?

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The Fair Credit Reporting Act (a federal regulation) REQUIRES that all credit transactions be reported.  What this will show on your report is one account closed/transferred and the date,  and one opened.  The closed one may drop off in 7 years, which is the required time period for closed accounts.. 

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