cancel
Showing results for 
Search instead for 
Did you mean: 

How long do late payments on student loans stay on your CR?

tag
teton
Regular Contributor

How long do late payments on student loans stay on your CR?

When I finished school in December, I had loans with three companies. I applied for a consolidation loan. I received a letter saying my consolidation went through, but missed reading part of the message that said one of the loans was not included in the consolidation. I have been making payments on the consolidated account, but didn't send payments for the one not included in the consolidation because I thought it was part of the consolidation. Now my CR is showing I was 90 days behind on it. I went ahead and paid it off when I realized I still owed money on the loan. Is the delinquency going to be on my report for seven years? Appreciate the feedback.
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: How long do late payments on student loans stay on your CR?

Yes- for 7 years unless you can get them to GW the lates.
 
GW on SL's are tough so be persistent

teton wrote:
When I finished school in December, I had loans with three companies. I applied for a consolidation loan. I received a letter saying my consolidation went through, but missed reading part of the message that said one of the loans was not included in the consolidation. I have been making payments on the consolidated account, but didn't send payments for the one not included in the consolidation because I thought it was part of the consolidation. Now my CR is showing I was 90 days behind on it. I went ahead and paid it off when I realized I still owed money on the loan. Is the delinquency going to be on my report for seven years? Appreciate the feedback.


Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.