Looking for a little advice. In looking at my credit reports I see that the bureaus all have slightly different reporting of my student loans. EX has me with 3 loans ($13k/$13k?$26k) TU 2 loans $13k/$13k) and EQ 1 loan ($26k). All are listed in good standing with solid payment (23 years) so they must be helping. My question is: Should I bother disputing that all have been paid in full in August via student loan debt relief. I honestly thought I was going to be paying them forever so just getting them zeroed is beyond a Blessing, any residual FICO pop is a cherry on top. Thoughts? Thank you for your consideration.
EQ : 674
Just my opinion but if it's not negative information, I wouldn't bother with it.
If, just for example, only one of the loans is left showing a balance, and it's your only open installment loan, you could take a 20 to 30 point score hit for no open installment loan.
My vote is to leave it be, and let nature take its course. I'm sure it will be updated.... eventually
Thank you for the reply. I will stand by. This will give me time to get a SSL set up at either Penfed or NFCU to offset the eventual no open installment hit. Cheers!
@JoeRockhead wrote:Just my opinion but if it's not negative information, I wouldn't bother with it.
If, just for example, only one of the loans is left showing a balance, and it's your only open installment loan, you could take a 20 to 30 point score hit for no open installment loan.
My vote is to leave it be, and let nature take its course. I'm sure it will be updated.... eventually
I want to thank you as well pizza dude, I just could not figure out how to get you and Joe quoted in the same reply. Cheers!
@pizzadude wrote:Agree, unless you're going to be applying for financing or credit soon and need to show the loans as paid I wouldn't worry as it will eventually update.