BKSinAZ Posted October 11, 2003 Report Share Posted October 11, 2003 I recently refinanced my student loans for a lower interest rate through Sallie Mae about 2 months ago. Today I pulled a equifax credit report and the report now shows the old student loans as "Account Transferred Or Sold" and the new refinanced accounts show "To New To Rate"(just a little insight to the student loans, I've never been late or missed a payment)Ok, my question is how does this and WILL this effect my credit NOW and in the FUTURE? How does an Account Transferred Or Sold effect a current credit SCORE? Link to comment Share on other sites More sharing options...
paw67 Posted October 11, 2003 Report Share Posted October 11, 2003 Account transfered or sold shouldn't have any affect on your credit score. The new listing for the refinanced accounts may lower your score a bit until they begin to age. Once they age & have good solid payment history your score will go up. Be sure that the old accounts show a $0 balance.paw67 Link to comment Share on other sites More sharing options...
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