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Posted in Student Loans
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rldowd

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My credit score dropped 100 points when my student loans were transferred to Sallie Mae.
How can I fix this? 100 points is significant. I had decent credit and now it is poor. Any help is appreciated.

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You can expect that. I believe you will see a quick return back to normal, however. When your accounts were closed and new ones opened it appeared as though your length of credit suddenly changed. Once a couple of months goes by the system will likely view it as accounts that were sold and not closed.

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