Need student loan advice Hello creditnet forum, How common is it for a relatively small (<$5K), federally-backed student loan to NEVER have shown up on ANY cra after 20+ years? I've received many letters from various ca's over the years and even made payments for a while about 10 years ago, but no cr negs to date. I should add that I only started applying for credit after I changed my last name for unrelated reasons. I'm a bit concerned about a fairly recent hard pull from a ca that specializes in student loans. I've read here that this particular ca has a very bad rep. They've got the right SS# but "wrong" name and have been sending the typical letters for quite a while. What is considered legal "contact?" Are letters sufficient or is phone contact necessary? I'm trying to decide between a voluntary rehab and taking my chances for a couple more years until I can negotiate a full settlement. A rehab website says that one of their requirements for rehab is "You have at least $15,000 in eligible federal student loans", so I don't qualify. After 20 years, why wouldn't ANY ca have reported something by now? I'm mainly concerned that the current ca's hard pull is on my only 750+ FICO. I don't want that messed up. Can anyone predict possible future scenarios and/or advise me on the best course of action? Thanks in advance.
Need student loan advice Have you checked with the OC yet? I've read about student loan rehab somewhere and there was no $15K min requirement. I'm speculating, but it's possible that the loan didn't show up before because the name and address didn't match, just the SSN. Wow, with a FICO that high, I'd hope you'd do anything necessary to protect that. Good luck.
