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Old 01-24-2001, 10:27 PM
kellogg
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I heard today on talk radio that if you have a delinquent credit file 6 years old and you pay it today, it extends the length of the negative credit file another 7 years. Is that true? I plan on paying off a very old student loan, will this create a new, negative credit file on my credit report?
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Old 01-24-2001, 11:34 PM
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Location: Los Angeles, California
Posts: 38,191
Quote:
Originally posted by kellogg
I heard today on talk radio that if you have a delinquent credit file 6 years old and you pay it today, it extends the length of the negative credit file another 7 years. Is that true? I plan on paying off a very old student loan, will this create a new, negative credit file on my credit report?
My response:

And you believe everything you hear on the radio, and everything you read on a Bulletin Board ?

IAAL
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