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Browsing the archives for the Credit Help tag.

Is paying off defaulted loans that aren’t on my credit report going to help my credit score?

Credit
Reddog asked:


I owe $9,000 in student loans. They just started garnishing my wages for $500/month. The loans were from 1998 and do not appear on my credit report. The collection company told me that once they’re paid off that they will appear as not in default on my credit.

Tina
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