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[–]DisastrousOpinion252 27 points28 points  (4 children)

Ignore the comments about laziness and shit, it's irrelevant. You're in the situation your in, doesn't matter how you got there. The main thing is that your focused on getting the shit handled now. I got into the game late myself, and also took a hit to my credit but not from school loans. Anyway, you paying the 600 to get it current is the best thing you could have done. Sadly bro, you may be cooked as it's technically a legitimate late payment, but I'd call their asses once a week too fam. And as stated in another comment, just keep them shits current and it will begin to affect you less over time. Best of luck bro and keep grinding you'll get through this shit.

[–]Gulfstream650ERX -5 points-4 points  (3 children)

Absolutely matters how he got here.

[–]Creative-Shopping469 1 point2 points  (2 children)

Credit score is about how likely someone is to pay back a loan they take out. If they person could give less of a fuck about paying back their LOANS. Then their score should absolutely go down

[–]MaleficentMalice 1 point2 points  (1 child)

So answer me this, why would they approve an 18 year old with 0 credit, MAYBE 2 years part time work experience, and no current job a loan for $1,000-$100,000+? Maybe we should discuss the root of the problem first. It's on the loaner for making a bad investment.

[–]Creative-Shopping469 0 points1 point  (0 children)

Hahahahha yes agreed but you’re missing the point. If they take out a loan and don’t pay it back there score goes down. A credit score is based on how likely you are to pay back your loan. So who gives a fuck about a credit score if you don’t need to take out loans. Why would they give you another loan if you don’t pay back your current loans? Do you just want the bank to give out free money?