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Direct Loan Servicing Transferred Loan

iwantahouse2012

By iwantahouse2012
in Student Loans

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The last post in this topic was posted 5126 days ago. 

 

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iwantahouse2012

iwantahouse2012

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Logged on to Direct Loan Servicing to set-up my payment for the end of month. I was a bit surprised to see my balance was zero. After a bit of research, it appears my loan was transferred to Ed Financial Services. Anyone else have this happen? Why would my loan be transferred?


Sandscrit

Sandscrit

Posted
Posted

Logged on to Direct Loan Servicing to set-up my payment for the end of month. I was a bit surprised to see my balance was zero. After a bit of research, it appears my loan was transferred to Ed Financial Services. Anyone else have this happen? Why would my loan be transferred?

It might have been sold to EFS. Do you have all the records of past payments?

iwantahouse2012

iwantahouse2012

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I pay online each month so I do have those records. I just wonder how it is going to affect my FICO. I am guessing it will close the two tradelines for the loans and open two more. Wanting to make an offer on a home soon so I am hoping it does not affect my FICO much. A bit irritated by it all!!

 

 

 

Logged on to Direct Loan Servicing to set-up my payment for the end of month. I was a bit surprised to see my balance was zero. After a bit of research, it appears my loan was transferred to Ed Financial Services. Anyone else have this happen? Why would my loan be transferred?

It might have been sold to EFS. Do you have all the records of past payments?

The last post in this topic was posted 5126 days ago. 

 

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