How Does My Daughter Get Her Time-Barred Student Loan Debt Off Her Credit Report?

By on February 14, 2018

Question:

Dear Steve,

My daughter was unable to pay her private student loan and the statute of limitations will soon run out on her loan.

So after the statute of limitations runs out can she get the debt wiped off her credit rating and how does she go about doing that?

Eloise

Answer:

Dear Eloise,

She doesn’t. When a debt is outside of the Statute of Limitations it means it can be raised as a defense if she is sued over the debt.

Debts can be listed on credit reports for up to 7 years and 180 days from the time it last went delinquent. So if your state’s Statute of Limitations is shorter than seven years it will remain on the credit report.

Also keep in mind, just because a debt is past the Statute of Limitations end date it does mean she can’t be sued or have a collector attempt to get money on the debt.

morehelp1
Choice1 Choice3 Big Hug!
Euro-Video - , ,
If you have a credit or debt question you'd like to ask just use the online form .

READ  I Work for a Non-Profit and Provide Financial Education. - Talena

Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s and and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Steve Rhode

Steve Rhode is the Euro-Video and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

One Comment

  1. elliew123E

    February 14, 2018 at 4:09 pm

    How does my daughter get her debt erased.

Share a Comment / Leave a Reply

%d bloggers like this: