Kayla K. asked
I took out a student loan with 'My Rich Uncle' in 2008 and never made a single payment. The company was later bought by Younomics, which uses University Accounting Service to handle payments. I made a few payments in 2014, but the statute of limitations (SOL) has passed in Michigan. The loan is not listed on my credit reports. Is this because it fell off after the 6 years SOL, or are they not reporting it due to their financial issues? Am I in the clear if it's not on my credit report? Is there a way to find out without contacting them?
April 23rd, 2024
Katherine M. answered
The loan likely fell off your credit report due to the statute of limitations (SOL) in Michigan, whi...
April 23rd, 2024
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