One of my best friends from high school had two student loans from Wells Fargo...totaling about $1500... go 120 past due and then given to a collection agency. Those loans are long paid now and the 120 past dues are 7 years old in November.
My question is do they hurt her FICO at all this long after? I say no....or minimally at worst. Am I correct?
Chase Southwest - $79,500 I CSP - $50,000 I Barclays Aviator Silver - $25,800 I Wells Fargo Sig - $25,000 I Amex BCP- $34,000 I BankAmericard - $16,000 l AMEX Platinum NPSL l Barclays Apple - $10,000 l PayPal MC - $10,000 l Sportsmans Guide Visa - $12,000 l CITI AA - $9,400 l CITI Simplicity - $10,100 l CITI Double - $9,000