Late Payment weirdness.

Anonymous — Thu, 10 Mar 2016 18:19:52 GMT

So one of my student loans has started reporting on Experian again now that I've started repayment. Prior to this, my most recent late was 5 years ago (at the start of my BK). When my student loan started reporting again, my most recent late changed to 2.5 years ago. I can't find a reason for this anywhere on my CR to dispute it, everything on my report stopped reporting in December 2010 or Jan 2011. I had nothing to report late 2.5 years ago! What gives? It's not like this on any of my other reports.

Re: Late Payment weirdness.

RobertEG — Thu, 10 Mar 2016 18:39:26 GMT

You were delinquent 5 years ago, and thus I assume you were delinquent when you began making payments again.

They could have reported continued delinquency for each month in that 5 year period, but apparently decided not to do so.

However, they could still report continued delinquencies. Apparently, they did so, but only brought the delnquencies up to 2 1/2 rather than 5 years ago?

They could have brought them up to the current month.

They were also required to have charged-off the debt once it reached 120 days late.

They apparently have not yer reported a charge-off, so I would be careful in rocking the reporting boat, as they apparently can add bunches of derogs.

Yes, it is strange reporting, but a creditor is not required to report each and every derog.

It does not appear that anything they are currently reporting is clearly inaccurate.........

topic Late Payment weirdness. in Rebuilding Your Credit

Late Payment weirdness.

Re: Late Payment weirdness.