Private College Student Loan

How do you get old student loans that have been consolidated and are older than 7 years old off your credit?

I started college in 1991. I looked on my credit report and saw that they were still reporting information to the credit bureau. I was late on payments back then but since have consolidated the loans and are now with Nelnet and I am not late with any payments. Do they count the 7 years from the date opened or from the balance date? How do I get the old inquiries off my credit? To add the loans are listed on my credit under closed accounts as well as negative accounts. I consolidated these loans in April 2005. The loan people reported the last balance July 2005. The loans are not reported as paid. The report has N/A for balance, past balance, monthly payment and high balance.

Public Comments

1. Inquiries age off your credit report in 2 years. They have no impact on your score after 12 months. Deorgatory items age off your credit report 7-1/2 years from the date of first default. If you consolidated those student loans, you didn't default. They would be considered paid accounts in good standing. The balance should show as 0. Closed/paid accounts in good standing remain on your credit report for at least 10 years. Even if you have a couple late payments, the positive aspect is much more than the negative.
2. Accounts in good standing that are closed, including student loans, stay on your reports 10 years after the closing date. Hard inquiries stay on credit reports for two years, but they don't have any impact on your score after one year.