Legal Question in Credit and Debt Law in Texas

Student Loans

If I understand the law correctly, most debts are included on a credit report for only seven (7) years. Is that also true of student loans? If not, how long can a student loan be reported and why are they excluded from the law as it pertains to other debts?


Asked on 9/12/03, 8:33 pm

1 Answer from Attorneys
Peter Bradie Bradie, Bradie & Bradie

Re: Student Loans

Student loans are in a class by themselves. Congress decided that there is no statute of limitations for a federally-backed student loan.

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Answered on 9/12/03, 9:49 pm


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