Credit Cards Center Credit cards from our partners
New Visitor
Posts: 1
Registered: ‎08-30-2013

Wrongly Defaulted. Credit Bureaus haven't done anything.

I was wrongly defaulted by my student loan agency. They admitted fault. I also have an email from them stating so.

I was in the military and sent in a military deferment FIVE YEARS AGO. I was still defaulted and my credit was destroyed. I hear credit scores go down approximately 100 points if defaulted on student loans. Mine definitely did. Now that the student loan agency admitted fault  in July 2013 and sent all the information to the credit bureaus stating so, I have not seen ANY changes. By federal law, shouldn't it have been rectified by now???

Community Leader<br> Valued Contributor</br>
Community Leader
Valued Contributor
Posts: 1,455
Registered: ‎06-09-2008

Re: Wrongly Defaulted. Credit Bureaus haven't done anything.

Probably, but some servicers only report every 90 days.  I would call the servicer and follow up with them to see when the information was transmitted.  Have a copy of your reports with the incorrect info highlighted and offer to send it to them so that they can see what's still being reported.


If they don't respond to you, I would dispute with the CRAs with the documentation you mentioned.

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.

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

IMPORTANT INFORMATION: All FICO® Score products made available on 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.