How consolidated student loans will appear in your credit report


Dear Experian,

I recently consolidated my student loans with one vendor, but all my other accounts still appear on my credit report. It says it has been transferred, but I would like to know if I can remove those accounts from my report since they are counting as open installment loans.



Dear SCB,

As long as they are correctly reported as closed, they are a complete and accurate part of your history.

Your credit report shows a history of all your accounts, even after they are paid off or closed. When you consolidate your student loans into one new account, both the new, open account and the prior accounts will appear. Closed accounts are automatically deleted after 10 years.

A transferred account is a closed account, and no longer counts as an open installment loan. Once the accounts are transferred, they are considered closed with a zero balance; however, they remain in your credit report to show a complete history of the debt.

Thanks for asking.

The “Ask Experian” team

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