 TITLE: Who Services My Federal Student Loans? CONTENT: How Student Loans Impact Your Credit\n------------------------------------\nIf you have federal student loans, it's crucial to know who your servicer is, especially if you have more than one, because a misstep could damage your credit.\nMissing a payment for 30 days or more or defaulting on a loan could have a significant negative impact on your credit score. Simplifying things by consolidating or refinancing your loan can help, but it may not be necessary as long as you know exactly where all of your loans are.\nAs you work on paying down your student loans, monitor your credit regularly to ensure that your credit is in good shape. If you notice a dip in your credit score, check your credit report to get an idea of which areas you need to address to bring it back up.\nOver time, building your credit history through student loans and other forms of credit can help improve your financial situation and make it easier to gain access to affordable financing in the future when you need it. END