'Refinanced' Comment?!?

Discussion in 'Credit Talk' started by brian71, Jul 29, 2003.

  1. brian71

    brian71 Well-Known Member

    My Equifax alert today told me that one of my ollllld student loans (which are in process of getting rehabbed) was modified.

    The status/rate remained a '5' which sux, but the 'COMMENTS ON ACCOUNT' section changed as follows:

    OLD: 'Closed Account; Student Loan assigned to government'

    NEW: 'Closed Account; Refinanced'

    Without running a new credit score (plus I have a lot of disputes in the works so would rather wait anyway and hopefully get shocked and amazed by a big score jump - I can dream LOL), can someone tell me if the COMMENTS ON ACCOUNT section means anything at all in this credit world, or is it just a fluff description field that means nothing?

    Thanks oh credit gurus! :D
     

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