Credit Bureau Reporting

Graceland University reports all loans to the three major credit bureaus: Equifax, Experian, Trans Union.

Once your loan goes into repayment you will be building either a positive or negative credit history. Federal law specifies how long negative information remains on your credit report. This includes late payments, accounts that the credit grantor turned over to a collection agency and judgments filed against you in court -- even if you later paid the account in full. Most negative information will remain for seven years.