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Lump sum payment show on credit report

Posted on 4/26/17 at 12:57 pm
Posted by SeaPickle
Thibodaux
Member since May 2011
3132 posts
Posted on 4/26/17 at 12:57 pm
I made a large lump sum payment on my student loans and was told by sofi to wait 60-90 days for it to show on my credit report before refinancing.
I noticed on credit karma that after 30 days the total balance of my loans reflected the lump sum payment.
Am i good to go on the refinance or is there more to it than trusting credit karma?
Posted by TIGERsinceCONCEPTION
Uptown New Orleans
Member since Jan 2009
1088 posts
Posted on 4/26/17 at 1:06 pm to
I would think the transaction will show on any other credit reporting.
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