Student loans on credit report

[pediatrichospitalist]

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I am an attending physician and recently checked my Equifax credit report and have some questions about the way my student loans are showing up on my credit report. I have only Stafford loans, some of which are consolidated. One of my consolidation loans shows a Debt-to-Credit Ratio of 117%. How can I have a debt-to-credit ratio for a student loan--it's not like a credit card where I have a credit limit and am making monthly purchases. I have been paying my loans as required every month, so my balance should only be decreasing. It lists a "High Credit" of $49435 and a current balance of $57790, which gives the Debt-to-Credit ratio of 117%. Is this a reporting error by my student loan servicer or a problem with the way Equifax is reporting student loans?

 

[goodoldalky]

Could be a mistake, but probably happened is that it is comparing your current balance to the initial principal. If your initial principal was the $49K, then it built up some interest to say $60K, and now you've paid it down to $57K, it could read that way.