Private College Student Loan

How do I go about getting a Dept. of Education loan from 20 years ago taken off my credit report?

Not sure why it's still showing up after all this time. I though 7 years was the max time something could stay on your credit report - except for bankrupties, which are 10 years.

Public Comments

1. If you still owe, it'll stay on your report. Also, it stays on your report for 7 years after the last payment was made. If you don't owe, put in a request with all 3 credit companies to investigate - they'll check the date and take it off.
2. If it's not a negative item (which a school loan isn't), it can stay on there indefinitely. If you paid it on time, then there's nothing to worry about it.
3. Contact the Equifax or TransUnion and dispute it. They then have to go back to the Dept. of Ed. to verify it, and since it is so old, it will usually be removed in 30 days or less... I had the same thing, except mine was only 8 years when I disputed it. I don't remember the dispute options, but you can do it all online...
4. NOTHING comes off your credit report. UNLESS it was some type of fraud or identity theft that was proven not to be your fault with proper documentation. If the loan's paid back in full, it should show paid as agreed. If you had any late payments or missed any, it'll show that too. The loan will show up every time an inquiry is made into your credit history. How you handled the loan payments is how the current company will handle their decision on loaning you money. Bankruptcy stays on as well. When a loan company inquires into your credit history for a loan you want, they can look as far back as they want. If a bankruptcy shows, they're only supposed to look to the date of the bankruptcy & nothing before that date. Some companies look past it at your payment history prior to the bankruptcy. These companies will question your payment history before the bankruptcy & inquire why they should loan you the money. They might also question you with what if you get into another financial situation where you can't pay & file bankruptcy again? They'd lose out on the money they loaned you. I'm not suggeting you have a bankruptcy on your credit. I was merely using that as an example.
5. Belle is absolutely WRONG. All items on credit reports eventually drop off. Go to page 22 of 86 in the link below for more detailed information. This link will open up a PDF file and it gives ALL of the statutes of the Fair Credit Reporting Act.
6. Dept. of Education loans are one of the only things that will not drop off of a credit report as long as there is still money owed on them. If the loan is paid in full, all you need to do is dispute it with the credit bureaus. If it's not paid in full, it will continue to show until it is.
7. Sorry Sweetie, but that stuff stays on there until it is paid. My mom has a loan from 19 years ago that she is still paying for. It still shows on her credit report. She stopped paying it for about 8 or 9 years when she stopped working, but it was still on her report. So she called DEPT OF ED and was told that it would never be removed until the it was paid and 7 years from the last date of activity.