Understanding FICO® Scoring

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Established Member
jennaxx
Posts: 44
Registered: ‎02-04-2013

Student Loans

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‎02-04-2013 09:25 PM

Do federal student loans ever drop off your CR ?

EQ 678 FICO on 2/4/13 EX FAKO (Quizzle) 639 on 2/8/13
TU FAKO (CK) 627 on 2/8/13 EX FAKO CS 737 on 2/15/13
Lender Pull 02/21/13 TU 684 EXP 730 EQ 678
SW alert on 02/22/13 EQ 688
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Regular Contributor
bobebob
Posts: 179
Registered: ‎08-14-2011

Re: Student Loans

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‎02-04-2013 09:41 PM

jennaxx wrote:

Do federal student loans ever drop off your CR ?

 

Any line on your credit report will drop off 10 years after it was closed out or paid off.

 

If you paid promptly, it will continue to benefit your FICO for a decade.

bobebob || Feb: My FICO SW EQ = 795 ||Feb: Walmart TU Fico=808
Goal = FICO's>800 || In my wallet: CostcoAmEx(20k), DCU Visa Platinum (10k), BoA Visa Signature (17.1k), Walmart Discover (5.8k), AmEx Corporate (5k). All PIF every month.
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Established Member
jennaxx
Posts: 44
Registered: ‎02-04-2013

Re: Student Loans

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‎02-04-2013 09:50 PM

Thanks for the prompt response.

EQ 678 FICO on 2/4/13 EX FAKO (Quizzle) 639 on 2/8/13
TU FAKO (CK) 627 on 2/8/13 EX FAKO CS 737 on 2/15/13
Lender Pull 02/21/13 TU 684 EXP 730 EQ 678
SW alert on 02/22/13 EQ 688
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