When was the last time you checked your Credit Report? Is your Student Loan Reporting past Late Payments on your Credit? Millions of people have student loans and often times, the federally backed Student Loans will report past Late Payments when the loan is supposed to be in Deferment.

So if you haven't checked your credit yet, please do it ASAP at - http://free3scores.com

Here is the video that explains how you can remove Student Loan Late Payments from your Credit Report. Please follow @CreditCEO and upvote this post so we can give you more great content!

Student Loan Payment Forgiveness Program

You can call your lender and ask about their "Late Payment Forgiveness Program." Usually they will remove all past late payments from your credit report after you have made 9 on-time payments.

This takes some effort, but it’s worth it! Late payments, especially ones that are 90 days late, are really devastating to your Credit Score. Normally, late payments stay on your Credit Report for up to 7 years, but only 90 day late payments lower your score for the full 7 year duration. BUT, Federally Backed Student Loans Can stay on your credit indefinitely (yes, that means FOREVER) if you don’t work out a repayment plan.

Recently, in Texas, there was a man that was arrested for not paying his student loan. So we are highly recommending that you get in contact with your lender, because it could be beneficial for you and for your credit.

You can also ask to consolidate your student loans and get on an income based repayment plan.

To learn more, visit our website: https://www.BetterCreditGuaranteed.com