cancel
Showing results for 
Search instead for 
Did you mean: 

Does student loan late payments age off?

tag
guiness56
Epic Contributor

Re: Does student loan late payments age off?


@NeverBackDown wrote:

I thought I understood this, but now after reading these posts, I'm confused...

 

If someone made late payments (on a Sallie Mae student loan, for example) more than 7.0 years ago, the late payments do not fall off the CR's? 


Yes they can be removed. 

 

I failed to include the part that says the CRAs may report.....

 

 

Message 11 of 13
Libra85
Regular Contributor

Re: Does student loan late payments age off?


@gagirl82 wrote:

Hi everyone!

 

Does anyone know if student loan late payments age off credit reports?  I was looking at my reports and I want to say it looks as though for every new month of payments reported  the oldest month gets bumped off.  Is this correct or do I just have wishful thinking lol?



Have you tired sending a GW Letter to your loan servicing company? I had late payments on 4 different accounts. (1) 60 days late on each. I sent a GW letter last month and I got a call back last Monday stating that the late payments have been removed and my credit report will update within 30-60 days. 









October 2021
Message 12 of 13
pr0blumz
New Contributor

Re: Does student loan late payments age off?

Yeah, that's what I would do instead of just waiting. You have nothing to lose.
Message 13 of 13
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.