Student loan reporting

[kitty9779]

I had student loans through Citibank and defaulted on those, and then they went to ECMC. I then consolidated my student loans and pay them on time each month now. But, I now I have student loan accounts all over my CR. There are 4 from Citibank PLUS 4 more from ECMC, a Direct Loan that went into default, plus two current Direct Loans that are my consolidations. When I look at this, it tells me that it's 120+ days past due. Is there anything about this that is disputable? Any way that I won't have so many accounts on my CR?

Student Loan Account Ecmc

Status as of	Jun, 2011
Date of last activity	Dec, 2007
Account number	XXXXXXXXXXXXXXXXXXX
Largest past balance	$1,692
Terms	(1 Month)
Account Type	Installment
Account holder	Individual
Industry	Miscellaneous

Descriptions

• Paid collection
• Student loan

No contact information provided by Equifax

Balance	Current Status
$0	120+ days past due

Seven year payment history

30 days late	0 times
60 days late	0 times
90+ days late	0 times

Worst Delinquency

None Reported

The Worst Delinquency reports the worst missed payment status that has been documented on this account. Your FICO® score evaluates how recently that missed payment occurred and in general, the more recent, the more impact it has on your score. However, the fact that it occurred is still predictive of future payment risk and could be considered by your FICO® score.

[guiness56]

If it is paid it should not have a current status as 120+ past due.  It should say paid and closed.  Worst delinquency should say was 120+ days past due.

[kitty9779]

Do I dispute this with the CRA's or do I go directly to ECMC and Citibank to ask them to change the status?

[guiness56]

I would do a direct dispute under FCRA 623a(8) with the furnisher of the information.

[kitty9779]

Thank you!!

[kitty9779]

So, I called ECMC and they told me that I need to dispute with the CRA and then it will be updated. Is that a little odd?

[guiness56]

I wouldn't go that route for the simple fact you are limited to what you can say in a dispute with the CRA.  Then all they do is use eOscar for verification.  Doing the direct dispute with the OC will make them take care of it.