Credit/Defaulted Student Loan Payoff?

iVillage Member
Registered: 06-30-2011
Credit/Defaulted Student Loan Payoff?
Thu, 06-30-2011 - 10:37am

Hi there.

I have a student loan that's currently in default BUT I've been good and it's on the verge of coming out.

Community Leader
Registered: 07-26-1999
Thu, 06-30-2011 - 2:54pm
What do you mean by getting it out of default. Its going to show up on your credit report as paid in full regardless of if its in default or not, and the credit history (i.e. late payments, etc.) will be associated with it until it falls off your credit report.
Community Leader
Registered: 03-17-2003
Wed, 07-20-2011 - 7:13pm

Hi Michele,

I agree with Tracy.