Here's the senario. I have 2 private loans (joint with my dad) that are listed on my account like this:

CORESTATES (Joint Account)
Credit Grantor Contact Information
Not on record

Account Number XXXXX
Account Type Revolving Account
Credit Limit
(High Credit) $20,000
$20,127
Minimum Monthly Payment (Terms) $5
MIN
Date Opened September, 1993
Date of Last Activity June, 1998
Date Paid Out Not on Record
Date Closed May, 1998
Loan Type Student Loan
Collateral
Description Canceled by credit grantor
Last Report on July, 1998

Balance Current status Past Due Amount
$17,261 Paid or paying as agreed $0


Recent Payment History

Seven Year Payment History
30 days late: 0 60 days late: 0 90+ days late: 0



CORESTATES (Joint Account)
Credit Grantor Contact Information
Not on record

Account Number 3XXXX
Account Type Revolving Account
Credit Limit
(High Credit) $4,000
$6,191
Minimum Monthly Payment (Terms) $1
MIN
Date Opened September, 1993
Date of Last Activity June, 1998
Date Paid Out Not on Record
Date Closed August, 1996
Loan Type Student Loan
Collateral
Description Account closed by consumer


Last Report on July, 1998
Balance Current status Past Due Amount
$2,418 Paid or paying as agreed $0



Recent Payment History

Seven Year Payment History
30 days late: 0 60 days late: 0 90+ days late: 0


The smaller loan has been paid off but as you can see the balance is not correct. The larger account only has a small amount left on the loan, but is listing at almost $18,000. I am not sure if I should dispute these accounts this since I know for a fact that there was a garnishment and collection agency involved. Also, has the SOL run out?

If I dispute, I do not want old collection information listed on my CR. However, I do not want my DTI to be out of wack since this is almonst $20,000! Also, Corestates has since been bought by another bank.

WHAT SHOULD I DO?

Thanks!