Student loan was transferred to another creditor but both accounts are still on my credit report. The same thing happened with a credit card account, It was purchased by someone else but both of the accounts are on my credit report.
2007-01-23 05:39:02 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
Its very common for duplicate accounts report on the credit report even after they are transferred to servicing, especially student loans. It generally doesnt have a negative affect on the credit as it is obvious that they are duplicates, if this concerns you, send a dispute letter to the three bureaus asking the duplicates to be removed. a good website to visit is www.myfico.com
2007-01-23 05:47:49 · answer #1 · answered by Scott K 2 · 0⤊ 0⤋
Yes, the account stays on your credit report. The creditors sell your information over and over again. This is considered inaccurate information on your credit report. This can be disputed. I own a credit repair company, if I can be of any assistance to you just let me know.
onpointcreditrepair.com
2007-01-23 06:01:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes, I have had accounts on my credit report even though they have been transferred TWICE...so a total of 3 entries. They just stay on. I never worry about credit report entries as long as they say "transferred" or "paid off", or "closed".
2007-01-23 06:08:52 · answer #3 · answered by CG 6 · 0⤊ 0⤋