Can Student Loans be dropped from CR after 7yrs

[grouper]

regular consumer debt/credit reports do no apply to student loans. Having said that, I have always wondered if student loans follow the same rules as credit cards re they are dropped from the creit report after 7 yrs?

 

If so, what determines the date? Is it the date fromt he first delinquency or not?

[LynnInMN]

They drop off 7 years after the claim paid date, the date that the default claim is paid. DOFA is not applicable to student loans.

Edited July 17, 2008 by LynnInMN

[Saria]

But what if the loan never defaults? In that case the lates still fall off after 7 years, right?

[ziggypop]

But what if the loan never defaults? In that case the lates still fall off after 7 years, right?

 

That's right. The exemptions apply only to defaults. Otherwise, reporting is the same as anything else.