Time Limit for Items report on Credit Report

Anonymous · ‎10-03-2007

Does anyone know when an item such as a student loan is supposed to drop from a credit report? I know its 7 years, but is it 7 years from when account was opened, account was closed, or last day of activity on account?

SmartCookie · ‎10-03-2007

If it's a Federal Student Loan, there is no SOL.

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Anonymous · ‎10-03-2007

Even Private student loans are exempt from SOL.

SmartCookie · ‎10-03-2007

Timothy wrote:
Even Private student loans are exempt from SOL.

Don't scare him off completely, wait till he recovers from the previous post to let him know!

Student loans are one thing not to mess up.

EQ 787 EX 781 TU 737 11/17/07 *** I am not an attorney. If I was, I might not clip coupons. If you want legal advice, consult an attorney. If you want my personal opinion, feel free to consider my posts***

Anonymous · ‎10-03-2007

Sorry-

Just like taxes- the government WILL get the $.

@SmartCookie wrote:

@Anonymous wrote:
Even Private student loans are exempt from SOL.

Don't scare him off completely, wait till he recovers from the previous post to let him know!
Student loans are one thing not to mess up.