05-05-2012 09:18 PM - edited 05-05-2012 09:18 PM
One of my student loans that went to collections and was ultimately paid in full (by me) is reporting a current status of "120 days past due" and a balance of zero.
I'm thinking of calling Sallie Mae (the original lender) to have them strike this and replace with "paid in full" or similar. But maybe if I wake the dragon, he will now report as "gone to collections" or "chaged off" or similar.
05-05-2012 09:46 PM
Are you seeing that on your reports at MyFico or on your full CRA reports?
I ask because I have some that stay 120+/etc on this site, but on my full report, they report as "paid collection" or "pays as agreed"
05-05-2012 10:39 PM - edited 05-05-2012 10:40 PM
I don't know what a "full report" is, but the TransUnion is from myFICO. I also have an Equifax with exactly the same Sallie Mae info that I got as one of my free annual credit reports.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO