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I paid off all of my student loans this year, they were first issued 1997, below are details on one of them. When should I expect this to disappear from my report and will this help improve my credit when it does?
Status as of [?] Jul, 2008 Date opened [?] Dec, 1997 Date of last activity [?] Aug, 2007
Jovian wrote:I paid off all of my student loans this year, they were first issued 1997, below are details on one of them. When should I expect this to disappear from my report and will this help improve my credit when it does?
Status as of [?] Jul, 2008 Date opened [?] Dec, 1997 Date of last activity [?] Aug, 2007
If you are free of any serious lates, then expect your score to drop if removed. Chances are these SLs are helping with your credit history. Remove them, and your avg. age drops as does your score.
Jovian wrote:I paid off all of my student loans this year, they were first issued 1997, below are details on one of them. When should I expect this to disappear from my report and will this help improve my credit when it does?
Status as of [?] Jul, 2008 Date opened [?] Dec, 1997 Date of last activity [?] Aug, 2007
If you are free of any serious lates, then expect your score to drop if removed. Chances are these SLs are helping with your credit history. Remove them, and your avg. age drops as does your score.