Will consildating my student loans help my fico scores 100 free goth online dating
And, at the same time your student loans came out of deferment and landed squarely on your credit reports. Due to the fact that borrowers often make a single monthly payment for their student loan debt, many graduates are actually quite surprised to learn that they have multiple student loan accounts appearing on their credit reports.
In fact, even if you used the same lender over and over again, the fact of the matter is that you actually opened a brand new account and took out a new loan each time you filled out a financial aid application and accepted funds.
Each disbursement of funds you received will typically be reported on your credit reports as a completely separate account.
FICO scores are based on an algorithm that takes several factors into consideration.
I still had several years on my student loan, but I paid it off a few months ago.
A couple of weeks ago my bank shows my credit score is down about 50 points from what it was.
You mention in the comments that you have zero debt, but if you have any credit cards the ratio is typically calculated from the statement balance, I believe.
I've noticed my FICO can fluctuate because of that, even though I pay off all my cards in full every month.
Nothing else, as far as I know, has changed in my credit history (I get notifications in email when something changes in my credit). Assuming nothing else changed, there's a few possibilities.