New Member
Posts: 3
Registered: ‎02-19-2013

Private Student Loan

Hi. I have a 15,000 Defaulted student loan from 2005. I paid 4,000 towards the balance in April/2013 and have been paying 200 every month. I now owe 10,000. I have 8,000 cash and I want to offer it to them today to close the account as paid off. if they accept the 8000 to pay off the remaining balance how will they note it on my credit report? Also, i would like to GW sallie mae to take off my 10- 150 day lates since I settled the account. Will sallie mae do that for me? I want to apply for a mortgage in 18 months. Thanks.

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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+