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  1. #1
    Join Date
    Oct 2012
    Posts
    5

    Default When Can an Old Tuition Debt Be Listed on Your Credit Report

    My question involves collection proceedings in the State of: Mississippi

    I recently received a letter in the mail regarding a private student loan issued in the state of Mississippi from January 2003. I fell on financial hardships back in those days and couldn't afford to pay back the loan. It was reported on my credit report and dropped off of my credit in 2010. This recent letter stated that I not only owed the original $2000 for the tuiton, but an additional $1971 in collection fees and interest. I sent a response by registered mail stating that the collection agency was attempting to collect a "zombie debt" from me and asked them to cease and desist all communication and harassment. I received another letter from the collection agency that was forwarded from the University of Mississippi (original creditor) stating that while the statute of limitations for debt in the state of Mississippi is 3 years, it doesn't apply to state or political institutions (Article 4, Section 104 of the Constitution of the State of Mississippi "Statutes of limitation not to run against state and political subdivisions.")
    Here are my questions:

    I have read that they can not place this back onto my credit report once it has fallen off, unless I begin making a payments. In which case, will this be listed as a collection account?

    Since the University of Mississippi IS a state institution, does the debt NOT fall under the statute of limitations?

    Since I live in the state of Alabama (and have for over 6 years), would the statute of limitations for my state of residency apply?

    Any help in this matter would greatly be appreciated.

    Thanks.

  2. #2
    Join Date
    Apr 2009
    Location
    Somewhere near Canada
    Posts
    35,894

    Default Re: Statute on Limitations on Unpaid Tuition from 2003 (State University)

    You didn't recently receive it.

    Evidently this has been going on for a year....

  3. #3
    Join Date
    Oct 2012
    Posts
    5

    Default Re: Statute on Limitations on Unpaid Tuition from 2003 (State University)

    Let me clarify. I received a different letter from a different collection agency. I'm still trying to get an answer to my post. I never have received an answer.
    Thanks.

  4. #4
    Join Date
    Sep 2013
    Posts
    833

    Default Re: Statute on Limitations on Unpaid Tuition from 2003 (State University)

    Quote Quoting Dee35080
    View Post
    Let me clarify. I received a different letter from a different collection agency. I'm still trying to get an answer to my post. I never have received an answer.
    Thanks.
    Are you sure they were not guaranteed by the federal government? Before 2010, many "private" loans were guaranteed by the federal government and they would not be subject to the state statute of limitation.

    You can check at:
    http://www.nslds.ed.gov/nslds_SA/

  5. #5
    Join Date
    Apr 2009
    Location
    Somewhere near Canada
    Posts
    35,894

    Default Re: Statute on Limitations on Unpaid Tuition from 2003 (State University)

    And let's face it - the government is going to try every which way to collect what is owed.

  6. #6
    Join Date
    Oct 2012
    Posts
    5

    Default Re: Statute on Limitations on Unpaid Tuition from 2003 (State University)

    I am sure. It was actually tuition for a semester where I didn't withdraw in time. I was working full time in restaurant management and missed the deadline for withdrawal.
    So, it wasn't an actual loan.

    So does anyone know if this old debt can be placed back on my credit report? It fell off 3.5 years ago. I have a lot of anxiety over this. I have tried talking with the registrar at the university to try and come to some sort of deal, but they won't let me deal directly with them. I just don't want this to end up going back on my credit report after all of the hard work I have done to fix my old financial issues.

    - - - Updated - - -

    That's the God's honest truth right there.

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