My student loans are affecting my credit. Why?
I have student loans on my report with different amounts but the same account number. They are all under accounts in good standing. I think that they are repeated. They are listed nine times! I also have two other student loan accounts with the same account number but with a different company. I have consolidated my school loans twice so I’m assuming that they are from before I consolidated. Do all these hurt my credit? They are all paid/never late/closed, but I’m concerned it shows that I over extend myself.
Does it look bad to lenders checking your credit if student loans show up as several different loans? In other words, why consolidate?
I recently filed a dispute to get the status of my federal student loans changed. They were reported as delinquent because of missed payments. However there was a forbearance put on the account, and after the dispute, the status was updated to transferred/closed. Should my score improve with this update?
On one of my student loan accounts this was posted: “Government Claim/Insurance Claim.” What does that mean?
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.
My student loans were consolidated into a new loan. Both the new loan and all of the old loans are on my credit report. The old loans say transferred. Should they be closed as well?
Can you tell me how long late payments on a student loan are reported on my credit report?
If a person cosigns a student loan for a college student, how does it affect their credit? Does the amount of the loan get included in their debt-to-income ratio?