Paid off defaulted student loan - credit report wrong

Hi Everyone,  I posted this in the studen loan section but didnt get a response so trying here -  Long stort short I had a studnet loan  (perkins) that I believe I paid off 12 years ago come back on my credit report as defaulted.  It was for $2000 and I paid it off again in May.  My credit report was not updated so I desputed the listing and the dispute came back today as the following listing: U S DEPT OF ED/GSL/ATL  Account Number1221XXXXAccount TypeInstallment LoanTerms36 MonthsDate Opened12/31/0000Account StatusClosedPayment StatusPaidPayment Status DetailsPaid, was a collection account, insurance claim or government claim or was terminated for defaultStatus Updated07/01/2015
Payment History:
2015
JUL
C 
Account History:
Collection as of Jul 2015   This is how it was reported before: U S DEPT OF ED/GSL/ATL  Account Number1221XXXXAccount TypeInstallment LoanTerms36 MonthsDate Opened12/31/0000Account StatusClosedPayment StatusLatePayment Status DetailsSeriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department Payment History It has C entries in June '12 and '13 (like what was just added to my new report).  So now it is being reported as a collection as of July 2015, when it should now read OK right?  By paying this off my score droped from 702 to 652 since it shows as a late collection this month.  This loan went in to default in 2002, paid in full in May 2015.  Shouldnt it show when it went to collection then show when it was paid?  I really would appreciate the help, this has been a nightmare for me as I have called and written the ES Dept of Ed and the omsbudsman before despuiting and got no help.  So I disputed and got dinged by 50 pts for paying off the loan!  What should I do next??  Thanks, Im bummed out since this is the only negative i have and it just got worse.  Advise please!?!  Thanks!      

Hi OP, I removed the posting in SLs. A topic should only be posted in one forum please refrain from this in the future. I thank you for your understanding. If you think you might get a response in a better forum you can PM any mod and ask that it me looked into for a possible move or use the report inappropriate content line under topic options to notify a mod.

Similar Messages

  • Paid off defaulted Perkins loan - credit report wrong

    Hi Everyone,  Long stort short I had a loan that I believe I paid off 12 years ago come back on my credit report as defaulted.  It was for $2000 and I paid it off again in May.  My credit report was not updated so I desputed the listing and the dispute came back today as the following listing: U S DEPT OF ED/GSL/ATL  Account Number1221XXXXAccount TypeInstallment LoanTerms36 MonthsDate Opened12/31/0000Account StatusClosedPayment StatusPaidPayment Status DetailsPaid, was a collection account, insurance claim or government claim or was terminated for defaultStatus Updated07/01/2015
    Payment History:
    2015
    JUL
    C 
    Account History:
    Collection as of Jul 2015   So now it is being reported as a collection as of July 2015, when it should now read OK right?  By paying this off my score droped from 702 to 652 since it shows as a late collection this month.  This loan went in to default in 2002, paid in full in May 2015.  Shouldnt it show when it went to collection then show when it was paid?  I really would appreciate the help, this has been a nightmare for me as I have called and written the ES Dept of Ed and the omsbudsman before despuiting and got no help.  So I disputed and got dinged by 50 pts for paying off the loan!  What should I do next??  Thanks, Im bummed out since this is the only negative i have and it just got worse.

    This is how it was reported before: U S DEPT OF ED/GSL/ATL  Account Number1221XXXXAccount TypeInstallment LoanTerms36 MonthsDate Opened12/31/0000Account StatusClosedPayment StatusLatePayment Status DetailsSeriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department Payment History It has two fail to pay entries in June 12 and 13

  • Name reporting on credit report

    Hi guys I have a predicament and I would like some advice on the issue.As many Mexicans I have a really long name, and like such some problems are expected when reporting it. Everything started last year when I tried to apply for a Capital One secured credit card. The banker completely chopped my name even tho she copied it from my DL and SSC, I found that out after getting a rejection letter with my name misspelled, so that was a bust. In order to help me establish, my wife added me as an AU on one of her cards, (Capital One mind you) and basically spelled my name for the representative on the phone. A month later I tried to apply for the secured card again and was declined, this time I received the rejection letter with my full name. I then decided to just wait and concentrate on school. In January of 2015 I tried to request a free annual credit report and the site could not provide it. I ended up calling TU and requesting one over the phone. The report stated that 2 different names have been given under the same SSN. Like many Mexicans my name consist of Name -> Middle name -> Father's last name and Mother's last name. TU had me under my full name from the second application and the chopped one where the banker basically just used the first letter of my father's last name as my middle initial. I then got student loans that report under my full legal name because of my SSN. I know this cause in May I requested EQ's report and that's how it's listed. Later that month I applied with Discover and the representative told me to basically just pick a name and go with it, as that's what's commonly done in the U.S. She basically said to go by Name -> Middle initial and father's last name or else other credit cards will have a hard time finding my history. My wife ended up having to co-sign for me. What should I do? The student loans are reported under my full Mexican long name, yet Discover is only using the American version with just middle initial and father's last name which is the same my AU card has. Any thought or suggestions? Thanks.

     UncleB wrote:
    Buddy86 wrote:
    Great info, thanks man. My two last names aren't hyphened and yes, I've encountered places that don't have two separate spaces for such last names. I'm intrigued when you mention split credit files. I recently ordered my EQ report and in it I have about 5 different names. The original full lenght as it appears on my SSC and DL, reported by my student loan servicer, my shortened one(the one I go by) with middle initial and paternal last name as reported by Discover and Capital One (AU) and 3 others being a mix of both. Maternal>Middle>Paternal and First>First initial>Paternal. I do get from time to time Capital One offers under such wrong, chopped or mispelled names. I've gotten offers from AmEx and Chase and they are addressed to the names reported by Discover and Capital One. My wife has suggested I send letters to the credit bureaus asking them to erase all other names and just keep the full one and the "American" version. But both my DL and SSC have the whole name, will they still honor that request?Thankfully, split credit files aren't as much of a 'thing' as they were around 10 years ago (when I had all my issues).  Back then, even having a lot of accounts or an 'excessive' number of soft inquiries could cause a split file back then.  I also used to have issues with my accounts reporting to my father's credit file, and vice-versa, due to our having the same last name, and my father's failure to use 'Sr.'.  Thankfully, they seem to rely now more on the social security number, so it's been a while since I've had to deal with this.  My own credit reports also have multiple names, including my full name, which I believe was reported many years ago when I had also had student loans.  Here's what I currently have: First LastFirst Last JrFirst M. LastFirst M. Last JrFirst Middle Last Jr (also a couple of variations where my middle name is misspelled) So far, this has never caused me any issues.  As far as if the credit bureaus will remove the extra ones, I'm honestly not sure, but it never hurts to ask, especially on the ones that aren't even correct (mangled spellings).  A lot of people have 'aliases' on their bureau reports as well where the name is a variation, while not really being a truncated version (for example, William, goes by Bill; Margaret, goes by Peggy).  Even last names change; women regularly change their last names when they marry (and some marry more than once over the years) so this is not a big deal, either.  I have Hispanic relatives, so I'm familiar with the naming convention you're speaking of.  The 'general consensus' is that usually you can use whatever you want when it comes to credit, but you really, really need to be consistent.  I had a friend that on her driver's license had 'First Middle Maiden Married' - all of her names, so that no matter what it would be a variation of any paperwork she had.  Her paycheck from work had 'First Married', while she still had old stock certificates that had 'First Maiden', and it even got more complicated since the name she was know to the world by was not her first name, but her middle.  Just like you, having all of her names on her ID and official paperwork make things easier.  If a clerk or bank teller ever asked for ID she was fine, because her ID had all the names covered. What you don't want is to have some credit accounts listed as 'First Last1', and other accounts listed as 'First Middle Last2', for example, since it's possible for these to be seen as different people, thus the split credit file issue.  Ideally, as long as the SS# is always use this shouldn't be a problem anyway, but better safe than sorry.  As an added 'perk', having the name match up should also help with 'insta-approvals'. If it were me, I would refrain from using my full middle name, and simply use the middle initial (or in my case, none at all) since there's usually no place to put a whole middle name on a credit application.  As for your last name, consistency is the key.  While I have read of folks having issues when a hyphen isn't used, there are plenty of times where it's no problem at all.  If it were me, I would continue to use both last names as you currently are - after all, that's you! - and on the rare occasion where it's problematic simply drop down to one or the other, just always to the same one.  Hope this helps! Thanks a lot for your advise.

  • Paid School loans off but not reporting as paid off

    Ok so here is the story, back in November of 2009 I received a large settlement so one of first things I did was payed my school loans off directly to Sallie Mae. I made sure that I paid them all off before hanging up with the person on the phone and she assured me that we got them all. Well now they took $2008 our of our tax refund for my school loans and I have 4 Sallie Mae student loans on my credit report that are reporting as 24 missed payments and 2 collections for student loans showing no payment. I tried to sign in to Sallie Mae to look over my account and was directed over to Navient. I looked at my statement and they are showing that just under $3000 were paid. I then requested my bank statement that showed the transaction from them taking out the payments in November of 2009. The bank statement had two charges on it one showing over $7000 and one showing nearly $3000. I disputed all my student loans on my credit report and are waiting for them to tell me what they decided. In my dispute I sent my Navient showing they got my payment and then also sent my bank statement showing the two payment for over $9000 to Sallie Mae. Has anyone had to do dispute payments on school loans and what was the out come?

    What type of loans are these?  If they are now held by Navient, it's likely that they were federal, which is good because you can use the National Student Loan Data System to see a complete list of all federal loans you borrowed and who currently services them. Is it possible that only some of your loans were paid off with the payments you made in 2009? Most people graduate with many different loan accounts, sometimes spread over multiple servicers, so it can be hard to keep track of them. You need to try to sort this out on your end as well.  Get together all the documentation you have regarding how much you borrowed, how much you owed in 2009 when the payment was made, and what the payment you made should have covered.  Unfortunately, this is not something you can sort out just by disputing it on your credit report.  You want to make sure that your loans are correct with Navient and the NSLDS because federal loans will cause you trouble for the rest of your life if they aren't properly resolved.

  • Buying a home, student loan reporting questions HELP!

    My fiancee and I have decided to buy a house in our area, we got a somewhat green light from our mortgage broker but he had stated there were some things that needed to have letters of payment or more information on them in order to proceed. The items are all regarding student loan accounts on my fiancees report. I did not know him when he took these loans and am not familiar with them at all but I am the one handling the credit issues because I have had a little experience with rebuilding for my family in the past. Unfortunately when I ask my fiancee about the items, he has ZERO clue how much, when, etc. So here are the items1. AES/NCT reporting a $ balance which was $19,759 and it says PAID but then says Charge off transferred to recovery. 2. Sallie Mae for $1333 original balance with a balance of $0 now Reporting as paid through insurance3. Sallie Mae for $875 original balance with a balance of $0 now Reporting as paid through insurance4. SW student services for $875 but with a balance of $0 now (this is the same account as the sallie mae above, not two accounts) Reporting as Transferred5. SW student services for $1333 original balance with a balance of $0 now (also the same account as the sallie mae above) Reporting as Transferred The SW student services ones were the originial lender for the two small student loans and they were opened in June 2003 and show as OK through October 2005 where they then stop reporting. The status shows no missed payments - He thought he paid these two small loans off right after he finished the program but he has no proof.  There are no other student loan items and or collection accounts on his credit so how do I find out where these went, how to pay them, how to get them removed.. anything? And since the SW student services and Sallie mae ones are the same as eachother shouldn't one set go away? Any help would be greatly appreciated!!!

    Just send a dispute of accuracy to the CRA, identifying the asserted inaccuracy and providing your reasons or documentation in support of your assertion.The CRA is then required under the FCRA to forward a copy of your dispute to the "furnisher," which in this case would be the heir in title to the debt.You are not required to name the current owner or who the CRA refers the dispute.  It is the responsibility of the CRA to make the determination of who to refer the disptue for their investigation and response. If the CRA does not receive verification back from the furnisher of the disputed information, that does not automaticaly require deletion.The CRA has the final authority in any dispute to make a determination as to whether they can verify the accuracy.Howver, in most situations, absent any verification from the furnisher, the CRA will be left with no basis to verify on their own, and thus lack of response from the furnisher will usually equate to CRA deletion as lacking verificaiton.

  • Student Loan Lates and Credit Cards

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  • How should the new note & mortgage servicer report the loan on the credit report ?

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    Localization does not change any of the data or text objects that you created on the report.  It will change special fields and tooltips that are a part of the viewer.  I believe it might also change the formatting of dates and numbers.  Anything more than that is translation not localization.

  • How do you know when items will fall off your credit reports?

    Can anyone tell me how you know what date items will fall off your credit report? Thanks

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  • PAID OFF CREDIT CARDS!! YAAY /ADVICE NEEDED

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    creditstalker wrote:
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  • Student Loans Wrecking my Credit!! Help please

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  • Cosigning Student Loans - Learn From My Mistakes - Please Read

    I have gone through a nightmare due to a student loan that I co-signed on, and I am creating this post in the hopes that you will learn from my mistakes. Please pass this post on to anyone who you think would benefit, and hopefully save them a lot of heartache and anxiety. My post is lengthy, but please be patient and read it, it could literally save your financial life.Briefly here is my situation: I am the co-signer on a $60K Sallie Mae private student loan where the primary borrower has defaulted on me, meaning they have told me they cannot pay a dime, have no intention of changing their lifestyle to do so, and will not tell me when, if ever, they will make good on this. Meanwhile, as the guarantor of the loan, I have been subjected to the full force of SM collection agency practices, and forced to face the music while the primary person on this loan can blissfully ignore the situation as if it was not happening. After multiple weeks of heartache, anxiety and worry over my financial future, I found in the fine print that if I make 24 consecutive on-time payments, then I am off the hook. I verified this with SM and am now 6 months into paying this off. As long as nothing unexpected occurs, I am looking forward to being off the hook in 18 months, having learned an expensive but not life altering lesson, as I was originally facing. Now let me go into some lessons, please pass these on to anyone you think would benefit - let's make this post the most widely read one on FICO forums, this is so important. And now my hard lessons learned:Lesson #1: DO NOT COSIGN A STUDENT LOAN: especially private student loans which carry higher interest rates. When you cosign a loan, you are the guarantor: you are putting your good credit profile on the line and telling the loan agency that you are responsible if anything ever happens with the primary borrower and they are unable to pay. All the obligations are on your shoulders, in fact, in many ways you are more responsible than the primary borrower, and this is how the loan and collection agencies will treat you. If you think: that's just the fine print, that will never happen, think again. It happens all the time, are you willing and able to take on this burden if you have to? Possibilities become reality, and this is a reality you do not want to be a part of, trust me on this. If you want to help someone, find other ways to do it outside of the system. Loan them the money as an individual, or pay their rent or expenses, that way, if problems arise, you don't have to get credit agencies, loan agencies, and collections agencies involved. If you are a parent and want to help your child, see Lesson #2.Lesson #2: LOAN ONLY WHAT YOU CAN LOSE: Every rule has exceptions, so the exception to Lesson #1 is this: only cosign on a loan if you are absolutely willing and able to pay off the full loan obligation. When you cosign you are lending your good name and credit profile, and you are effectively loaning money that you will have to pay back if the primary borrower defaults. In other words, never loan more than you are willing to lose, and therefore never cosign for more than you are willing to lose. And be willing to accept that the fact that your relationship with the primary borrower may be permanently damaged if you are forced to step in and cover their obligations.Lesson #3: LOANS GROW: I cannot emphasize this point enough, it really burned me: I did not co-sign a loan for 60K, I co-signed for 45K, and without my knowledge the primary borrower capitalized the interest during the first 18 months of the loan, which they were allowed to do, but it caused the loan to grow by 33%. So when it came time to guarantee the loan, I was on the hook for 60K, which I had never originally agreed to.Lesson #4: SALLIE MAE DOES NOT CARE: And why should they? This is business. As co-signer, you are the guarantor of the loan, you have to make good on the obligation when the primary borrower defaults. In fact, as guarantor, the loan and collection agencies will go after you harder than the primary borrower. Do you have a good credit and collateral, such as a house? Well this binds your obligation even more tightly. When loan and collections agencies see that you have the wherewithal to pay, they will not let you off the hook. And they don't care if paying off their loan puts you on the street. This is business and you have to pay up. Understand this black and white reality before you co-sign a loan. Lesson #5: DON’T DELAY PAYMENTS: Forbearance and deferments are often mentioned as options for helping out on loan obligations, but do not fall into this trap: they make a bad loan situation worse, they don't help. Deferment does not prevent interest from accumulating: you'll just have a bigger loan to pay when the deferment ends. Student loans typically give you a deferment grace period, usually 6 months, before you have to start paying back the loan. Most of us have to use this initial grace period, but please avoid it if you can, it just makes your loan grow larger. Forbearance is another method of delay, but it requires you to make the loan current before the loan agency can talk to you. In other words, you have to be paid up on what you currently owe before the loan agency will talk to you about forbearance. Think about this Catch-22: you can't pay your current loan obligations, so you ask the loan agency for help. The loan agency won't talk to you until you make the loan current. Never use deferment or forbearance, they make your bad situation worse. Lesson #6: NO LEGAL RECOURSE: Student loan debt is not dischargeable in bankruptcy court proceedings, it is debt that you will carry for life until it is paid off, regardless of what happens to you. And don't assume that the loan agency will only take legal action against the primary borrower in a default situation: they will also take legal action against you. Remember, you are equally responsible, you will be held legally accountable. And don't think that you can sue the primary borrower. You can only sue them if you have a separate promissory note with them, signed and notarized, that they have defaulted on. And even if you do, it is expensive and time-consuming to sue someone, especially if they have moved out-of-state, and practically impossible if they have moved out-of-country. You could probably never come out ahead, unless the amount owed was so large as to make it worth it. Unless you are wealthy, or a big organization, do not rely on your option to take legal action in the future, it's often just not practical. Lesson #7: WOULD I DO BUSINESS WITH THIS PERSON?: When you co-sign for a family member, there is a certain level of built in trust in the relationship, but when you co-sign for a friend, or girlfriend, or boyfriend, you are putting your faith in the future: faith that they will be around in the future and that they will always have your best interests at heart. Please wake up. People take advantage of other people all the time. Especially when it comes to money, people get scared and choose to hide under a rock, disappear, ignore the problem as if it does not exist. If you are the co-signer, you are the guarantor. If the primary borrower understands this, then they can choose to disappear and leave you holding the bag. Do not assume that the person who cares for you now will always care what happens to you. Business is business, personal is personal. When you are asked to co-sign for a loved one, ask yourself first: do I want to go into business with this person? How do they resolve conflict? If they get into trouble one day will they work with me? Or will they disappear on me? Do they have a conscience, and will they care how this affects me? Or will they see an opportunity to be off the hook? Ask yourself these hard questions. And don’t assume that they will think as responsibly as you. Don’t assume that they care what happens to their credit score, or what this means for the future. Treat the primary borrower as a person you are doing business with, and therefore someone who you need to rely on when times get tough. Chances are, you are the more responsible person here, so ask yourself, can I really afford to go into business with this person?Lesson #8: PROTECT YOURSELF: If your credit score gets damaged over a bad loan, your total financial life will be affected for a long time. It doesn't matter how good your intentions are, it doesn't matter why you got into a financial bind, it doesn't matter that your family member was sick, or that you were going through a hard time, or that you are low on money because you gave it all to charity. The current system of credit scoring requires you to keep your total financial profile in a healthy state at all times. If you are delinquent on payments, or worse, default on loan obligations, then your credit will suffer and you will be affected for a long time. You will be unable to qualify for loans, you will be unable to get good interest loans. Think about the effect this will have on your family in the future: not being able to afford a house for them because you can't get a loan, because you made a good faith error several years before. That's the reality you have to avoid, so protect yourself at all times.Lesson #9: AND FINALLY: Some people reading this will feel that I am missing the point: that of course loans carry obligations, and of course there are consequences if loan payments are missed. For the record, I relied on Sallie Mae loans to get me through college and grad school. I made all my payments on time, I paid my loans off, I even used the available 6 month deferment. But this only worked because I was responsible, because I had a plan, because I understood my monthly and total financial obligations at all times, and never made a life decision that would compromise my ability to pay. Cold reality: many people in this world are not responsible, they don't think through the consequences of their decisions, they are unable or unwilling to look at the hard facts. When you co-sign with one of these individuals, as I did, you are tethering your good name and your financial future to them. If they fail in their responsibility, they will take you down with them. Do not let this happen, protect yourself, you have worked too hard in your life to let an irresponsible person take you down. I hope you have found this posting useful. Please pass it on so that everyone can learn from my mistakes and hard-earned lessons.

    My heart goes out to you. My stomach was in knots for you just reading about your situation. Thanks for the lessons learned. I co-signed a private education loan with my ex husband. I wish I had someone like you back then to sit me down and make me really think. Unfortunately, I was young and naive and never thought twice about co-signing. Even though the original loan amount was small by most standards (less than $8000), here it is 10 years later and that stinking loan is still attached to my credit rating. It's barely halfway paid off with another 10 years to go. The ex is a bit of a deadbeat so after some late payments a few years ago, he has since only made the minimum payments. At this rate, I will be ready to retire when that stupid thing is paid and off my reports. I am very conscientious about my own financial health and have less than $1000 on a credit card, a little of my own student loans, and a reasonable mortgage. BUT because I am forever listed as co-signer of this silly loan, it actually drags down my FICO rating. I could suck it up and pay off the whole balance myself in a few months time....which causes me to feel sick to my stomach. Its my only option besides watching this thing languish for 10 more years.

  • Mistakes on my credit report

    Now that I have addressed the collection (cough, cough, nothing could be done, they wouldn't do PFD and I can't get a response to the goodwill letters) I see that the bank reported paid off car loans are revolving credit.  Do I dispute those items as being classified as the wrong type of account, or does that matter?   1st was opened in November 2010 and closed in Jan 2014 (Both Equifax and Experian and reporting as revolving) 2nd was open Nov 2008 and closed Nov 2013 (only Equifax reporting it wrong)

    Oh and when Citibank took over my Best Buy credit card from Capitol One, Equifax shows open with CBNA and no status with Captiol OneTrans Union shows Closed with Capitol One and open with CBNAExperian shows nothing with CBNA and closed with Capitol One... It should all show open with Citibank (CBNA) reporting zero balance...  Do I fix any of this or will it drag my score lower?

  • CA reporting wrong DOFD---UPDATE

    I have been trying to figure out why this debt wasn't due to fall off my report until next year when I stopped paying the OC in May 2008, and today I called EX and they told me the DOFD was 6/2009 which is WRONG. She initiated a dispute for me stating that my DOFD should be 6/2008. They are adding an entire year to my debt reporting. My question is, what if the dispute doesn't work? Where do I go from here? The CA is Calvary Portfolio and the OC is Citifinancial for a personal loan I took out in late 2007. Would Citifinancial still have my payment records from 7 years ago? Should I call them?  Onto a bit of good news, I got an old collection off my report today when I called! My report from March said a baddie was to fall off 5/2015 but was still on my report, the CRA said it wasn't to fall off till September according to her records, but she removed it today for me     

    The bible on the procedure that the debt collector must follow in obtaining and reporting the DOFD is set forth in FCRA 623(a)(5). It is a multi-step process that requires the debt collector to obtain and report the DOFD no later than 90 days after reporting their collection.The DOFD occured under the OC account, and thus section 623(a)(5) sets forth steps to obtain that date from the OC. The first step permits them to "obtain" the DOFD from any prior credit reporting that was made by the OC of their determiantion of the DOFD.If the OC previously reported the DOFD, the debt collector can simply assume that date is correct, and report that date without any need to contact the OC. The second step applies when the OC has not placed of record in the consumer's file their determination of the DOFD on their account.In that situation,the debt collector is required to contact the OC and make reasonable atetmpts to obtain the DOFD from them.Howeer, the OC is not obligated to respond to the debt collector. If the debt collector has made reasonable attempts to obtain the DOFD from the OC and were unsucessful, as is apparently the case in the posted scenario,then then they must still report a DOFD, so the FCRA fallback provision is that the debt collector can then make their best guess as to the DOFD, but in no case can they report a DOFD that was later than the date they obtained their collection authority, such as by purchase of the debt.Section 623(a)(5) thus clearly deals with the situation where the OC does not or cannot provide a firm DOFD. It appears that the best info obtainable from the OC is that they charged-off the debt in 12/2009.That, by definition, requires that the DOFD mustt have preceded that date.Thus, the debt collector would be able to legitimately make their best determination provided that their determiation is no laater than either the date of the CO or the date they received their collection authority.  

  • Filing date of judgement is different from date listed on credit report.

    So first, let me say that my judgement is due to fall off in April of next year.  If it weren't for reading so many success stories and having many of my own (including an early deletion of the last paid collection account on Experian just yesterday) I might be willing to leave well enough alone. The problem is, the paid judgement is the last bad item on my report.  I just called the circuit court where my judgement was filed because the dates seemed off. I have copies of the money orders that I sent to pay the judgement and all of them were AFTER the judgement file date listed on my credit reports.  According to the clerk, my judgement was actually filed on January 12, 2009 not April 16, 2009. My question is, aren't civil judgements supposed to fall of 7 years from the filing date or is this the case of the 7 years 180 days I've heard about?  Did my payments somehow reage the judgement? If the date is indeed wrong, what is my next course of action? If the judgement rightfully is due to fall of January of 2016 I am within the 6 month range for requesting good will early deletion from at least two of the CRA's, correct?   I'd really like to buy a house next year at the best rate possible and my Fico scores are EX 709, TU 719, and EQ 721. I’m hoping this removal will help me get the best rate possible.  Thanks in advance for any insights/ opinions given.  

    Thanks for the docketing info! I'll start the ball rolling on that Monday. Regardless, if I can get the dates changed or no,t it's good to know that I have a possiblity of getting early exclusion on judgements as well. From what I read on this forum you can get a judgement vacated if he was improperly served. You can request the service info from the court where the Judgement  was placed. I, like Rebuilding, didn't show up for my court date because I assumed that being in contact and negotaiting payment was all I needed to do and judgement would be thrown out the window. Yeah I know, stupid.  Wow, if my judgement  falling off netted me 66 points I would keel over. It's my last baddie and the only bad thing on all three reports so my fingers are crossed.  Experian is an interesting one. In my case, they seem to hang on to anything and everything. The other CA's dropped most of my stuff a few months early without me even having to request it.  The only thing I had left was the judgement and one collection on Experian.  I called them mid june to ask for early deletion of the collection( 2 months ealy) because I heard they would remove it 3 months early. They turned me down, but I was very polite and thanked them  for their  time when they told me to call back April 1. I called them July 1 and after being transfered once my collection was removd. The phone call took less than 5 minutes.  It was due to fall of August 16 of this year.  The number I called was 1-800-360-7580. Note this account was not my oldest account and it was shown as being in collections so I wasn't in danger of having my Aaofa taking a hit.  Oh, one last thing. I don't think it's odd that one report had collections info that another doesn't. They not only differ in how long they keep stuff( my point about Experian having a collection nobody else had) I also think it depends on who the collector reports the info to I'll update if I get my judgement updated and EE. Otherwise Kaylavaand I will have our judgement removal day party April 16th of next year!

  • What is a website that can assist with getting student loans under control?

    I've seen in previous post people refer others to a website that will assist you in getting your loans under control. I have multiple loans with different loan companies and I want to speak with someone to guide me through getting on the right track? Does anyone know the website?

    The National Student Loan Data System is a good place to start.  It will list all of your Federal student loan debt - including the amount borrowed, currently owed, status and who holds the loan.  You can use this site to put together a list of who you need to contact.  This system does not include private student loans, so if you have any of those you'll have to turn to your original paperwork, records from your school, or your credit report. This DoE website is a great overview of the different loan programs - it covers borrowing, repayment options, and how to get out of default (among other topics).  There is no reason to pay someone to help you manage your federal student loans.  Every servicer and collection agency is required to give you access to the same repayment options and pathways out of default, and you can handle it yourself, for free.  If you have questions about a specific step of the process, these forums are a great resource as well.

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