Younomics (myrichuncle)

[Anonymous]

I have a student loan through MyRichUncle as it was called when I got it 10 years ago. It now reports Younomics on my report still the same company and is in collections. I never made a payment. It was a $1500 loan. It's $3000 or something now. It says it is set to fall off reports January 2016. It's not that I don't want to pay it necessarily, but since it's the original owners still would that update on my report showing all the late payments if I started paying or arranged something?? I would like to do a settlement if possible but not sure of SOL on this type of loan.

Any thought?

[RobertEG]

Is it U.S. gvt insured or guaranteed?

[Anonymous]

It is not a U.S. Government loan

[Anonymous]

i always hear people on here saying that making even one payment can reset the statute of limitations, is that true

[gdale6]

---

@Anonymous wrote:

i always hear people on here saying that making even one payment can reset the statute of limitations, is that true

---

In some states yes in others no. You need to research the laws of the state to see what can reset the SOL.