How long does a negative SL stay on your record

[msimcox2]

I have a student loan that was taken out in 2000 even though its reported as

 

Date opened [?] Apr, 2002

Date of last activity [?] Feb, 2008

 

in Feb I consolidated it to another loan and have been making payments on it on time every month.

 

How long will this stay on my account if I have NEVER EVER made any payments on the original loan? do i have to wait until 7 years from Feb of 2008?

[Stryker]

ttt.

[Saria]

This is a federal loan, yes? If it went into default, and I'm assuming it must have, you should have two tradelines - one from the lender and one from the guarantor. The TL from the lender, with the lates and the default notation, should fall off seven years from the date the claim was paid by the guarantor. Depending on the default date, this may have already happened. The lates on the guarantor's TL should gradually fall off as they reach the seven year mark. Had you rehabbed rather than consolidating, the TL from the guarantor would have been removed.

[vintagespeed]

ouch. i hope for your sake this isn't Sallie Mae?