<prompt> Human: I recently received a letter that my student loans had been sold off to another company. Ive been paying them for about 10 years and have a small amount left 1600. Why would a company do this from a consistent payee?  <response>: Your loan would have been bundled with thousands of other loans in whatever transaction resulted in the change of ownership. It had nothing to do with your specific loan. If you pay on time it shouldnt affect you at all though. 