creditscorned Posted February 14, 2005 Report Share Posted February 14, 2005 Hi,Student Loan (reports below) Equfax and Experian (just notes from report) It’s one of the accounts that may need some work.One reads too new to rate. Could be that it was transferred or sold. Another factor is that it was paid from our tax return as garnishment they sent to the IRS. I just noticed that in the Experian file under "your statement" It reads acct info disputed by consumer (meets requirement of the Fair Credit Reporting Act) I hope it is paid in full from the money they took from our tax return. Here are the student loan files (two)How long will it stay on and which files or parts of them should be deleted or corrected?EquifaxILLINOIS STUDENT ASSISTANC1755 Lake Cook Rd # K6Deerfield, IL 600155215(708) 948-8500Account Number: SMLA-0000000049XXXX Current Status: 120+ DAYS PAST DUE Account Owner: Individual Account. High Credit: $856Type of Account :Installment Credit Limit: $0Term Duration: 1 Months Terms Frequency: Monthly (due every month) Date Opened: 01/2001 Balance: $0Date Reported: 12/2004 Amount Past Due: $0Date of Last Payment: 05/2003 Actual Payment Amount: $0Scheduled Payment Amount: $0 Date of Last Activity: n/aDate Major Delinquency First Reported: Months Reviewed: 44Creditor Classification: Educational Activity Description: PaidCharge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: Type of Loan: Education Loan Comments: Paid collection 81-Month Payment HistoryNo 81-Month Payment Data available for display.SALLE MAE2000 Bluffs DrLawrence, KS 660441776(800) 233-1193Account Number: XXXXXXXXX Current Status: TOO NEW TO RATE Account Owner: Individual Account. High Credit: $2,625Type of Account :Installment Credit Limit: $0Term Duration: Terms Frequency: Date Opened: 04/1990 Balance: $0Date Reported: 10/1999 Amount Past Due: $0Date of Last Payment: Actual Payment Amount: $0Scheduled Payment Amount: $51 Date of Last Activity: 09/1999 Date Major Delinquency First Reported: Months Reviewed: n/aCreditor Classification: Activity Description: n/aCharge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: Type of Loan: Comments: Student loan, Account transferred or sold 81-Month Payment HistoryNo 81-Month Payment Data available for display.SALLIE MAE LSCF1002 Arthur DrLynn Haven, FL 324441683Account Number: XXXXXXXXX Current Status: 120+ DAYS PAST DUE Account Owner: Individual Account. High Credit: $2,625Type of Account :Installment Credit Limit: $0Term Duration: Terms Frequency: Date Opened: 04/1990 Balance: $0Date Reported: 01/2001 Amount Past Due: $0Date of Last Payment: Actual Payment Amount: $0Scheduled Payment Amount: $172 Date of Last Activity: n/aDate Major Delinquency First Reported: Months Reviewed: 13Creditor Classification: Activity Description: n/aCharge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: Type of Loan: Comments: Student loan, Account transferred or sold 81-Month Payment HistoryYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2000 * * * * 90 120 120 120 120 120 120 1201999 * * * * * * * * * * * *1998 * * * * * * * * * * * *1997 * * * * * * * * * * * *1996 * * * * * * * * * * * *1995 * * * * * * * * * * * *1994 * * * * * * * * *ExperianI don't have this one in the computer yet. But, it lists under accounts in good standing twice. The first shows purchased by another lender. Charge off as of 8-2001. The second shows Sallie Mae 3rd PTY LSCRDate opened 04/1990 Reported 10/99 Date of last status 02/01 monthly pay 0 and creditor's statement Account transferred to another lender. In the front section of the report, just listing collections I guess it lists that report shows a balance that kept increasing from 2/2003 $422 to 12/2004 $2,187. Yet, it status is transferred never late. Date opened 4/1990Credit limit original $2,625Why do they still list the account numbers for student loans as our social security numbers. That means that anyone that accesses our reports and knows this has our s.s. number. Can we request the acct numbers removed? I’m posting this info because we are planning to apply for a mortgage for another home, maybe just investment. But, there is a lot of work to do first. Where do you suggest is the best place to get all three credit reports with the fico score for each of us? I guess we could go to a lender and they would pull at least one. What does anyone think is best?I want to be able to see our progress as it affects are score so we will need to keep getting the score and reports. I'm sure it must already be somewhere in the posts here. Anyone with any comments I’m happy to hear from you. Creditscorned(hope to be soon creditreborn) Link to comment Share on other sites More sharing options...
LynnInMN Posted February 14, 2005 Report Share Posted February 14, 2005 Well the ISAC lender will be on your report until 01/08. They were your claim paid lender. Sallie Mae until09/06. Sallie Mae may be a dupe, although they do have different divisions. Link to comment Share on other sites More sharing options...
creditscorned Posted February 15, 2005 Author Report Share Posted February 15, 2005 Hi,I'm confused. I understand that the student loan was a collection. Yet, it is also listed under positive accounts and listed as paid. Is that a benefit? How does it being on the report affect the credit rating rather that the drop off of it in the future?Anyone know?Creditscorned Link to comment Share on other sites More sharing options...
mom23 Posted February 15, 2005 Report Share Posted February 15, 2005 was the reason that it was transferd b/c you defaulted on it and then consolidated or what? Did you get it defered?My husband's student loans went into default years ago and then went to another agency when he consolidated them.He then got behind and got it defered.Since then we have had some trouble keeping up on the payments. In all of this it has been through 3 different agencies. All three of them show on his CR.The one that we are current with shows good standing, but the other two even though they show a 0 balance they show as a 9 on the rating. I am hoping that there is some way to get them to change this rating so it doesnt look so bad. but it says "paid collection, defaulted student laon, claim filed against guarantor" I dont recall ever getting any thing saying that we had a claim filed for it though.I wish I could get the other 2 off of his CR since they are the same loan Link to comment Share on other sites More sharing options...
creditscorned Posted February 16, 2005 Author Report Share Posted February 16, 2005 Hi,Another factor is that it was paid from our tax return as garnishment they sent to the IRS. As I wrote above. It was deducted from our tax return. We did not set up the deduction or make an agreement. I assumed it was just a natural process due to a default on the government loan. This is now what the credit report shows? What does it mean? Good and bad of the way it's filed? Thanks,Creditscorned. Link to comment Share on other sites More sharing options...
creditscorned Posted February 17, 2005 Author Report Share Posted February 17, 2005 Hi,Why would the same acct have two diff fall off dates? 2006 & 2008?Can this be disputed as the same acct?Thanks,Creditscorned Link to comment Share on other sites More sharing options...
Guest Posted February 17, 2005 Report Share Posted February 17, 2005 Dispute ALL OF THE NEGATIVE ENTRIESStudent loans will come off easy if they have been paid.. it might take you several rounds, several attempts but its still good to get the negs off.I had the same account listed 9 times... ALL in default.I disputed for 6 months.. and now I have none showing but positive.Lotsa luck Link to comment Share on other sites More sharing options...
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