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If an old student loan is not on a credit report and it fell off because of the 10 year rule should it be paid if asked to do so?
Wiki User
∙ 8y ago
If you have an outstanding balance, your student loan never goes away. These loans are federally insured. By contacting the student loan agency and giving your information to them it brings everything back to life because everything will become reinsured. If you have an outstanding balance, your best bet is to call the student loan agency to make payment arrangements and get the nightmare over with. Eventually, they will skip trace and find you. If this is an outstanding balance that fell off the credit report, the student loan company can put liens on any property you owe, garnish paychecks from both you and your spouse (if able). Also, this is more of a moral question. If you wanted to go back to school, this would definitely come back up because there is a national student database you are in.
Wiki User
∙ 8y ago
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who do I contact to start repaying my student loans again, I have not paid in a while, except for my income tax returns. I want to go back to school, who should I contact to get back in good graces and be able to receive assistance again?
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