INFORMATION DIRECTLY FROM CREDIT REPORT
US DEPT OF ED/FISL/CHI
Date Opened: 10/1997
Reported Since: 8/2001
Date of Status: 8/2001
Last Reported: 3/2006
If the student loan falls off the only negative entry on credit report will be BK - I guess that would be a good thing (or maybe not)
1) When are student loans "legally" not supposed to show anymore (side note - listed in default - I just made my first rehab payment)?
2) Can at the Dept. of Ed list as long as they are in default status (Stafford Loans)?
3) Can the Dept of Ed. RE-AGE and continue to list after I complete rehab?
4) Does anyone know how much your credit score goes up after a default loan "clears"?
Sorry for all of the questions but thanks in advance for your responses.