Can anyone help me decipher this on my credit report?

Hi Jenna

There is no statute of limitation on student loans. If the account has been paid off, it must be put in the file. I will like to dispute with the credit bureau if they have missed out some information about your payments.

this is showing the account is paid and closed. When it was paid and closed in July 2000 it was current but had been 60 days past due in the past at that time. That could be considered negative. This will continue on your report until july 2007..

So when you say there are no SOL on student loans, does that mean it will never fall off my report?

no , that means they have no statute of limitation on collections. Negative reports can still only remain for 7 years from the date they were first reported. The current status you show was the pay off in Nov. 2002. At that time the account was current, but in the past at some time had been 60 days past due. you would need to find out when that 60 day past due was first reported. Experian should tell you that that item is scheduled to continue on your report until a certain date, that should be 7 years from the date of delinquency.. after that the status should change to paid/closed current.

**Addendum**

At the bottom it says date Of 60days July 2000. So in July of 2007 the 60days past due should drop off. the whole account may drop in Nov 2009. in August or September 2007, check to make sure the status has changed. if not, dispute it as being past the statute of limitations for delinquent reporting.

This was a really good example of a credit report. Can e pretent that this is maybe a different creditor like a charge card. What date would you use if you are checking the SOL?

If you are checking the SOL for a debt account, the date of last activity should be checked first and the state where the account was opened. If the statutes have expired, the negative information will remain in the credit file but no agency can force you to pay the debt account.

My original question was, when reading your credit report, which date do you want to use when checking your SOL? Date Opened? Date of Status? or Last Report Date?

The cut and paste of the above was a really good example and I am checking my sol on 4 accounts as we speak,. I am unsure of which date to use. I can not remember nor do I have any documentation of what my first default date was. So, I need to use my credit report to see just how close I am