With the high volume of solicitations for credit cards, cellular phones and loan consolidation, many student borrowers may be asking, "How can I make this stop?" or "How did they get my name?"
In compliance with the Higher Education Act and applicable regulations, lenders are required to report borrowers' credit histories to at least one national credit bureau. A student borrower trying to establish good credit can benefit from having payment history released to a credit bureau. However, credit bureau reporting opens the door for unwanted solicitations.
