Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Student Loans
Profile Image

Question By
AlexisBrittany

0 Contributions
0 People Helped
I had a student loan that I paid off and closed in 2010. Why is it still on my credit report?
Also, is it good for that to still show? Or should I have it removed and is that possible???

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
7368 Contributions
3810 People Helped

Because it is part of your credit history, it will still be reported for 7 years after the date the loan was paid in full, then it will fall off.

Reply by
ChkUrslf

1 Contribution
0 People Helped

Can't this person utilize the ucc statute of limitations on debt collections for their state, which will probably be shorter than 7 years to request the loan be taken off?

1 Contribution
0 People Helped

Closed 10 Year Old Student Loan...

Hi there,

I had a student loan back from 2005 still on my account. It has been closed for years already and charged off to collections. Why is it still reporting? I thought that it would have deleted off of my credit already? Also i have like 7 accounts from them on my report. Example one says $700, another says $1000 etc. I applied for one big loan back in 2005 so I dont know why they would have different accounts with different balances. Making it looked like I opened multiple loans with them. How can I remove this from my account? The account has been closed for years and has been charged off to collections. So i dont know why it being almost 11 years old its still on there. And last reported dates are randome. Like one says Frebuary of 2015. Please help!!!

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.