Student loan reporting so you’re able to credit agencies prior to 2003 looks, predicated on non-CCP source, getting come less reliable
5. Get a hold of Donghoon Lee and you will Wilbert van der Klaauw, An overview of the newest FRBNY Consumer credit Committee, Professionals Declaration #479, , for much more record information about the information. Go back to text message
6. Find, including, Andrew Haughwout, Donghoon Lee, Joelle Scally, and you may Wilbert van der Klaauw, Education loan Credit and you can Installment Styles, 2015 (PDF) , . Return to text message
seven. Generally, it requires more hours on the new servicer to add this new membership and begin reporting the research for the credit agencies than simply to the old servicer to decrease this new account from the revealing document. While many servicer pairs make this happen changeover inside one-fourth out of this new import, some don’t. This is why, we discover that servicer import may cause certain accounts to visit unreported briefly. »