OK, so I consolidated about 30 defaulted student loan lines in August. I am now repaying one large loan (about $95,000 total) but still have the TLs for the defaulted loans. They say paid, refinanced, but note that they were defaulted or collections (depends on which CRA) and all note zero balances. But, my FICO scores are still quite low of course. Is there anything that can be done?

These were all Direct Loans, and the new loan is a direct loan too.

I've taken care of all other old debt save this, but wonder how long these will continue to impact the score.

I also have one private student loan still outstanding with an $8,000 balance, currently with a collection agency that is not reporting it, though the school is reporting it. It defaulted in 2000 also. I am in a position to start paying that one off with reasonable payments too, and perhaps could settle it for less, but probably could not pay the full amount.

I am looking to buy a house shortly and just started looking at everything recently.

thanks in advance!

So the default was in 2000, so they should drop off in 2007 then? Or, they were paid in August 2005, so the date of last activity was 2005 so they will be there until 2012?

On the private loan, I can certainly afford to pay a regular payment, and could do a rehabilitation-type arrangement. But, I don't have $8,000 laying around to pay the full amount.

Current Experian score is 626 from MyFico, so these are certainly hurting some, but not horribly I think, just not sure what else to do or how these will be viewed by mortgage lenders.

The other thing I should add is that I have been aggressively repaying student loan debt, the private loan is the one that I just haven't worked on yet. I've already repaid over $20,000 in the past two years, and have about $103,000 total to go between direct loans and the private. The Direct loan payment is currently $849.

Go, you! I'm really hoping to pay off my smaller student loan this year.

By any chance are you the James that worked for a certain financial institution in Houston?

Nope, haven't even ever been in Houston. Sorry.

I am in almost the exact same spot. I consolidated about $50,000 in defaulted loans in 2004 which then turned into a $100,000 Direct Loan. These tradelines stick like glue. I am showing not only the original loans - but the transfered loans - the defaulted loans etc... Had about 32 at one time and this week, about 6 years and 10 months from the date of default (1999) they are starting to fall off of my EX credit report. I have tried everything to get them removed since some of the same loans are reporting 3 different times by different companies on my report but until they have aged off - in my opinion - they aren't going anywhere. Good Luck!