It is possible that it was misreported to Experian. If you know the late is valid I would just let it be for now. You may see it pop back up just as quickly as it disappeared. 
That happened to my brother before, but it was with a carloan. It was gone for a good 6 or 8 months, and then suddenly showed back up.
Current Score: Eq: 823 Tu: 830yeah, it normally comes with a "glitch" in the reporting record. So the company may change the format of their reporting, or put an extra comma somewhere when sending the data and poof your info is gone. Then through QA or whatever, poof, it's back. Or it may even stay gone the entire 7 years.
it might have something to do with this possibly?
http://ed.gov/offices/OSFAP/DCS/rehabilitation.html
basically make 9 payments in a row on time and they erase the baddies? how has this never been mentioned on here before? or how have i not heard of this...?
@shane82388 wrote:it might have something to do with this possibly?
http://ed.gov/offices/OSFAP/DCS/rehabilitation.html
basically make 9 payments in a row on time and they erase the baddies? how has this never been mentioned on here before? or how have i not heard of this...?
I did have a defaulted student loan fall off one of my reports for three months, but it returned.
I hate to be the bearer of bad tidings, but the student loan rehabilitation program does NOT work as it's stated in this description.
Rehabilitation is a very long process, made even longer these days by the extended wait to find a new buyer for your loan. I'm just starting my work day, so I don't have enough time right now to go into great detail. Suffice to say that the Student Loan Rehabilitation Program does NOT remove the negatives from your credit reports. I just did a quick check, and I see that they have changed the old wording (which said, in effect, that the negatives would be removed from your credit reports) to new wording that says "Your loans will no longer be considered to be in a default status". That is much more accurate than the old wording.
So instead of saying "This person IS in default", your credit reports say "This person WAS in default". The negatives will fall off your reports following the same schedule as any other baddie. They are NOT erased.
Frankly, I feel they have mislead people for years by putting forth the notion that if you go through their rehabilitation program all negative info associated with the defaulted loans disappear. Not only that, but it can be a battle just to get your credit reports to reflect the fact that you are no longer in default. The absolute best you can hope for is to have the "paid through insurance" notation removed from the accounts.
The student loan program is evil and, in my opinion, misleads and outright lies to people.
I had three student loans that I defaulted on in 2006. As soon as I had income again, I entered their "official" loan rehabilitation program. I paid on the loans for 12 months in a row in 2007, and it took over a year for them to find an entity to buy my loans. Someone has to buy your loans for your loan rehab to be complete. With no buyer, you could make 1,000 on-time payments in a row and you still wouldn't have rehabbed loans. They finally sold the loans and I expected the negatives to magically drop off my credit reports. That did not happen, and I was told by the Ombudsman office at the Dept of Ed that what their website says (or said, if they have changed it) was misleading.
Good luck.
