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
kaypee008

0 Contributions
0 People Helped
Will paying off my student loans in full remove late payments?
Back in 2010 and 11 I let my student loans go past 90 days late, These are still majorly negatively impacting my credit score. I would like to pay off the smaller loans now as long as the late payments go away when the loan is paid in full. Otherwise I would keep paying at the current rate. My loans have been up to date for 4 years now.

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
5038 Contributions
1136 People Helped

You should pay your loans off regardless. If you have the money to do it, then do it, because you never know what the future may hold. Late payments remain on credit reports for 7 years whether an account is paid off or not. Do some reading on "Goodwill Letters" as the info may help you and pay off those loans anyway!!

Result 1-1 of 1Results 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.