@Anonymous wrote:
I've been in deferrment for 4 years, never missed a payment didn't have too being deferred. Somehow, I notice that my lender has me marked more than 180 days later 1/2 of 2007. Started 180 days late in July 07, but prior never had a 30,60,90 nothing, always pays as agreed on time! They have done this to me on 3 seperate loans. Upon contacting them they advise me they would send me a statement of account showing the whole history. Of course, this statement hasn't showed. At any rate I had no choice but to dispute. My score changes by 20 points or more simply from the loans being transferred or sold?? The dispute is suppose to be completed on the 20th so we'll see what happens. I was just suprised to see such major score fluctation over these loans when I've never even had to make a payment. I have no idea what happens in this case as far as removing incorrect data according to dispute? Hopefully, someone on here can let us know if the payment history is disputed and and the cra doesn't solve within 30 days does it go to pays as agreed?? I'm curious, but it's obvious these loans seem to have more bearing on my score compared to an auto loan or credit cards.
Hi fast 1244...do you have your deferment paperwork?
You talk about your score changing 20 points or more for being transferred or sold? Did this just recently happen? I'm a bit confused about the timeline here.
I don't think school loans have more bearing on your scores than an auto loan or credit card. It's the late payments that have the impact. If these lates were from a credit card or auto loan, you would see quite an impact as well.
It isn't the credit reporting agency that will confirm the late or on time payments. It's the lender. It's possible the reporting can come off your reports, but it can come back on. It needs to be resolved one way or the other.
