Paid Defaulted Student Loan

[slynbrown]

I defaulted on my student loan in 1999. The loan was paid by Tx Guarantee. on Dec 1999 and I have since paid off the loan. I disputed Costep the org lender as being passed the seven year term and it came back verified with the CA and the remark now states.

Remark: Claim filed w/gov for insured portion of balance on loan.

Acct status: closed Amt 0 and within 2yr history Charge off 4/2000

I called Costep and they stated that they have a paid off loan and it will come off the CR on 12/06-7yr mark

What does that remark mean and is this account considered a paid off collection?

Thanks in advance

[LynnInMN]

I defaulted on my student loan in 1999. The loan was paid by Tx Guarantee. on Dec 1999 and I have since paid off the loan. I disputed Costep the org lender as being passed the seven year term and it came back verified with the CA and the remark now states.

Remark: Claim filed w/gov for insured portion of balance on loan.

Acct status: closed Amt 0 and within 2yr history Charge off 4/2000

I called Costep and they stated that they have a paid off loan and it will come off the CR on 12/06-7yr mark

What does that remark mean and is this account considered a paid off collection?

Thanks in advance

Any paid defaulted student loan is a paid collection. SOL is 7 years from your default.