Reply
Member
RandomInCa
Posts: 10
Registered: ‎04-07-2009
0

What effect will a disability discharge of student loans have on credit?

I recently had all my student loans discharged due to a disability.

 

What effect will this have on my credit? How will it display and what will it do to the score?

 

Also, I had some late payments that fell within the 3 year period which should have been covered by the conditional dishcharge. Can I get these removed?

 

Thanks for any help.

Member
MaryJackson
Posts: 7
Registered: ‎04-23-2009
0

Re: What effect will a disability discharge of student loans have on credit?

"Also, I had some late payments that fell within the 3 year period which should have been covered by the conditional dishcharge. Can I get these removed?"

 

I have the same issue and my original loan servicer said the late payments on my credit reports will be removed automatically when my loans are discharged.. However loan servicers have been known to promise everything under the sun, so I am not holding my breath.  I also wish to know if late payments can be removed from ones credit report if they happened during 3 year conditional discharge period. 


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+
}