Credit Card Center Advertiser Disclosure

Reply
New Member
Posts: 7
Registered: ‎11-28-2014
0 Kudos

Will student loans remove late if I offer to pay in full?

I have 3 90-day lates reporting from 2014 Granite State, who services my student loans. I only owe $3,000. now (the balance was over $20k in the beginning). It's been 3 years since the late payments and I have paid on time and more than the minimum every month. Since the balance is low and I can afford to pay this loan off in full, I wonder if they'd remove the late payments if I offer the full payoff?

 

I'm trying to get a better mortgage rate and these are the ONLY baddies on my report. Kills me - especially since it will be another 4+ years before they fall off.

 

Thoughts?


Starting Score: 590
Current Score: 757
Goal Score: 850+


Take the myFICO Fitness Challenge
New Member
Posts: 7
Registered: ‎11-28-2014
0 Kudos

Re: Will student loans remove late if I offer to pay in full?

To answer my own question, in case anyone else is wondering - nope.


Starting Score: 590
Current Score: 757
Goal Score: 850+


Take the myFICO Fitness Challenge
New Contributor
Posts: 91
Registered: ‎12-07-2011
0 Kudos

Re: Will student loans remove late if I offer to pay in full?

I was in the same boat as you. My student loans are all fully paid off, but the lates were there and wouldn't budge when I tried repeatedly to goodwill them.

 

It was the only negaitve thing on my report when getting a mortgage. I had substantially more lates than you did. Four total tradelines and all had at least 5-6 lates up to 120 days+.

 

I literally can't wait until 2018 when these **bleep** lates finally fall off.

Chase CSR 22,000 | Chase Freedom Unlimited 13,000 | Chase CSP 10,000| USAA Cash Back $7,000 | AA Silver Aviator Card $10,000 | AMEX Everyday $9,000 | Chase Freedom $3,000 | Capital One Cash Rewards $4,000 | Discover IT $4500 | Nordstrom Store Card $2000

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.