Subscribe To RSS

Is paying off defaulted loans that aren’t on my credit report going to help my credit score?

Written by Sam on March 17th, 2009

Cris H asked: I owe $9,000 in student loans. They just started garnishing my wages for $500/month. The loans were from 1998 and do not appear on my credit report. The collection company told me that once they’re paid off that they will appear as not in default on my credit.Powered by Yahoo Answers

Tags: , ,