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Vanishing Student Loan?

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I am flummoxed by something.....I have a credit score around 650 and rising....but I have an old federal student loan out there, and it's decades old....from the late 1990s....it does not show up on my credit report anymore. I do fear it'll rear its head during the home loan process as my wife and I prepare to purchase a home.  That said, I have had my CAIVRS report pulled twice and the loan does not show up on that either.  So.....am I in the clear?  Has the loan somehow just disappeared?  Well, no, it has not because when I go into the federal student loan database to look up my loan, I can pull it up.  But it does not come up in CAIVRS.  Is it possible the loan just wasn't reported to CAIVRS?  Has anyone heard of this? I am just trying to be proactive and head off a problem, on the other hand if letting sleeping dogs lie is the best, I am  fine with that too.....

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Hi @kevinwill  

I found some info about this and posted it on my thread here: 

It looks like there actually is an incentive to rehab and pay those old student loans even if they have “vanished”. If they are rehabbed and reported as a positive tradeline with the original dates, that may add to your credit age and build longer term positive history to your credit reports. Could improve your credit reports and scores. 

 

 

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On 6/8/2019 at 10:43 PM, kevinwill said:

I am flummoxed by something.....I have a credit score around 650 and rising....but I have an old federal student loan out there, and it's decades old....from the late 1990s....it does not show up on my credit report anymore. I do fear it'll rear its head during the home loan process as my wife and I prepare to purchase a home.  That said, I have had my CAIVRS report pulled twice and the loan does not show up on that either.  So.....am I in the clear?  Has the loan somehow just disappeared?  Well, no, it has not because when I go into the federal student loan database to look up my loan, I can pull it up.  But it does not come up in CAIVRS.  Is it possible the loan just wasn't reported to CAIVRS?  Has anyone heard of this? I am just trying to be proactive and head off a problem, on the other hand if letting sleeping dogs lie is the best, I am  fine with that too.....

 

On 8/13/2019 at 2:22 AM, wwanderer said:

I too have an old defaulted student loan that age, not on credit reports for years, and not in CAIVRS. 

I would be interested in hearing what updates you have to add about your old student loan and credit reporting?  Is it also accruing interest or collection fees?  Thanks for posting any update, best

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