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xkisses2

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Having To Many Good Standing Student Loans Account Hurt My Credit Score
If I have good standing student loans account remove from credit reports will my credit score go up or down? Most of students are way pass 7 years old

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NEVER try to remove accounts that were closed in good standing. Doing so would DAMAGE YOUR CREDIT! Please take the time to do some reading before tampering with your credit.

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If the loans are paid in full, they will drop off 7 years after the final payment. Unlike other financial instruments, student loans have no statute of limitations and remain coillectable until such time as they are paid in full, no matter how long it takes.  They also are not discharged in bankruptcy. Once they have been paid in full, your score will likely go up.

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Student Loans Good Standing Bad

Thank you for responding. I just thought having to many student loans in good standing seem bad. I am working on fixing my credit report. All three credit agency are reporting things differently and same are over due pass 7 years old. 

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