Student Loan Errors on My Credit Report Attorney
Is There An Error on Your Credit Report Due to Student Loan Servicers? Learn How Weiner & Sand LLC Can Help!
Errors on a credit report don’t always come from credit card companies or banks. Many times, they can be traced back to student loan servicers, such as Nelnet, Aidvantage, Central Research, MOHELA, Edfinancial Services, and Default Resolution Group. These servicers are responsible for reporting your account information to the credit bureaus, and when they make mistakes, the consequences can damage your credit score, your ability to get loans, and even job opportunities. This is where our student loan errors on my credit report attorney at Weiner & Sand LLC can help!
Common Student Loan Credit Reporting Errors
- Incorrect Information Reported
A common issue occurs when a servicer reports information that doesn’t belong to you. Someone else’s student loan account, payment history, or balance can show up on your credit report because of poor recordkeeping or mismatched identifiers. These errors can significantly harm your credit. - Double Reporting After Loan Transfers
When the Department of Education transfers loans from one student loan servicer to another, mistakes often happen. One of the most frequent problems is double reporting of student loans—both the old servicer and the new servicer report the loan as active. This makes it look like you owe twice as much debt as you actually do.
Your Rights Under the Fair Credit Reporting Act (FCRA)
The Fair Credit Reporting Act (FCRA) is a federal law that protects consumers from inaccurate credit reporting. It requires credit reporting agencies and the companies that furnish information—including student loan servicers—to ensure the accuracy of the information they report.
If a credit bureau or servicer fails to fix errors after you file a dispute with the credit bureau, they may be violating the FCRA. This gives you the right to take legal action. Our team of Fair Credit Reporting Act lawyers in Atlanta can step in and assist.
Taking Action Against Student Loan Servicer Errors
If your credit report contains student loan errors and the servicer or credit bureau refuses to correct them, you may be able to file a lawsuit under the FCRA. A lawsuit can:
- Force corrections to your credit report
- Hold the servicer and credit bureaus accountable
- Allow you to recover monetary damages for the harm caused by inaccurate reporting
Contact Weiner & Sand LLC Today
If your credit report has been damaged by inaccurate reporting from a student loan servicer, you don’t have to deal with it alone. Our student loan errors on my credit report attorney at Weiner & Sand LLC help consumers fight back against credit reporting agencies and student loan servicers under the Fair Credit Reporting Act.
Call us at (404) 254-0842 or contact us online today for a consultation. We can help you correct your credit reports and pursue compensation for the damage caused by student loan credit reporting errors.
Frequently Asked Questions About Student Loan Credit Reporting Errors
What should I do if I find an error on my credit report related to student loans?
Dispute the error in writing with both the credit bureau. Keep copies of all letters and documents. If the errors are not fixed, you may have a claim under the FCRA.
Why does double reporting of student loans happen?
Double reporting often happens when the Department of Education switches your loans from one servicer to another. If both servicers report the loan as active, it looks like you owe twice as much debt. This is one of the most common student loan reporting errors.
Can I sue a student loan servicer for credit reporting errors?
Yes. If a student loan servicer or credit bureau fails to correct inaccurate information after you dispute it with the credit bureau, you may file a lawsuit under the FCRA. These lawsuits can help fix your credit report and allow you to recover damages for the financial harm caused by the errors.
