I have very old positive student loans reporting. Some of which date back to 2003. I have at least 9. All are consolidated into one, all federal. If my goal is to eventually have a "thin" file after clean up and they're still on, should I leave them? Or ask for exclusion?
If they are all positive, why would you want them off? They do nothing but help if they're positive
I know they help. So, help me understand what a thin file consists of. I thought it was no inqs, and the look of very few tradelines?
You've pretty much nailed it there. But getting rid of a student loan that is reporting nothing but positive info isn't going to do anything but be counterproductive.
Others here can correct me if I'm wrong, but credit reports aren't like supermodels, no one has ever said that a report isn't thin enough.
The other posters here are correct - a "thin" file isn't really something to shoot for. Any positive account should be enjoyed on your report for as long as it lasts. A thin file basically means you have very limited credit, and its harder to obtain good scores and additional credit if you need it, with just one or two accounts and limited history.