https://ficoforums.myfico.com/t5/Student-Loans/Interest-capitalized-post-forbearance-score-down-100-points/m-p/5163769#M22569 <P>I stopped paying my federal student loans for 4 months (ugh so much regret), and had them put into retroactive forbearance so that they were brought current. &nbsp;I started paying again in January when the forbearance ended.</P><P>&nbsp;</P><P>Today I checked my credit score and saw that over $1,000 of interest was added to the loans and it dropped my score by over 100 points! &nbsp;This happened because unpaid interest from forbearance was capitalized. &nbsp;My loan was already around $40,000 so it's not like my debt was tiny to begin with. &nbsp;While I was not paying my loans, my score was in the 500s. &nbsp;When I brought them current with forbearance it went up to the 600s. &nbsp;Then today it is back in the 500s! &nbsp;I have no negative items on my score that would have done this - in fact I just paid off about 20% of my credit card debt this month.</P><P>&nbsp;</P><P>I talked to someone at FedLoan and they said that the added interest should not have brought my score down but wasn't any help beyond that. &nbsp;I have no idea what to do and I'm freaking out because my score was finally creeping back towards a decent number, and now it's horrible again. &nbsp;Any advice would be much appreciated. &nbsp;Is there anything I can do?!</P><P>&nbsp;</P><P>Also - does anyone know if you can get the "late" marks removed from your credit report, since the accounts were put into retroactive forbearance?</P> Thu, 15 Feb 2018 03:12:45 GMT Anonymous 2018-02-15T03:12:45Z https://ficoforums.myfico.com/t5/Student-Loans/Interest-capitalized-post-forbearance-score-down-100-points/m-p/5163769#M22569 <P>I stopped paying my federal student loans for 4 months (ugh so much regret), and had them put into retroactive forbearance so that they were brought current. &nbsp;I started paying again in January when the forbearance ended.</P><P>&nbsp;</P><P>Today I checked my credit score and saw that over $1,000 of interest was added to the loans and it dropped my score by over 100 points! &nbsp;This happened because unpaid interest from forbearance was capitalized. &nbsp;My loan was already around $40,000 so it's not like my debt was tiny to begin with. &nbsp;While I was not paying my loans, my score was in the 500s. &nbsp;When I brought them current with forbearance it went up to the 600s. &nbsp;Then today it is back in the 500s! &nbsp;I have no negative items on my score that would have done this - in fact I just paid off about 20% of my credit card debt this month.</P><P>&nbsp;</P><P>I talked to someone at FedLoan and they said that the added interest should not have brought my score down but wasn't any help beyond that. &nbsp;I have no idea what to do and I'm freaking out because my score was finally creeping back towards a decent number, and now it's horrible again. &nbsp;Any advice would be much appreciated. &nbsp;Is there anything I can do?!</P><P>&nbsp;</P><P>Also - does anyone know if you can get the "late" marks removed from your credit report, since the accounts were put into retroactive forbearance?</P> Thu, 15 Feb 2018 03:12:45 GMT https://ficoforums.myfico.com/t5/Student-Loans/Interest-capitalized-post-forbearance-score-down-100-points/m-p/5163769#M22569 Anonymous 2018-02-15T03:12:45Z