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Full Version: SL Paid Off-TL does not say closed????
CreditBoards > Financing > Student Loans
reallynow
Hi All,
My student loan was paid off in March after going into default and getting told I was in a rehab program twice only to find out later the paperwork was never processed-lesson to me get it in writing, not just a phone call. I digress-here is the thing the TL has a zero balance but the condition says "Derogatory" and not "Closed", is there anything I can do about that?
TIA
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LynnInMN
QUOTE(reallynow @ Sep 21 2006, 10:41 AM) *
Hi All,
My student loan was paid off in March after going into default and getting told I was in a rehab program twice only to find out later the paperwork was never processed-lesson to me get it in writing, not just a phone call. I digress-here is the thing the TL has a zero balance but the condition says "Derogatory" and not "Closed", is there anything I can do about that?
TIA
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A zero balance with a loan means closed. Since it is derogtory, that will stay so there is probably nothing you can do about it.
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