Here is my info:

 

C.I.B.C.-STUDENT LOAN    
   
  Account #:   ***  
Condition:   [Open]  
Balance:     
High Balance:   $30136  
Terms:    
 Type:   Installment account  
Pay status:   Paid as Agreed  
Payment:   $0 Monthly (due every month)  
Limit:     
 Opened:   11/01/2001  
Reported:   06/01/2003  
Responsibility:   Individual account  
Past Due:     
 
  Remarks: 
 
   Two Year Payment History:    
 
  
  Six Year Payment History: 
  30 Days Late: 0 60 Days Late: 0 90 Days Late: 0

 
  
 C.I.B.C.-STUDENT LOAN    
 
   
  Account #:   ***  
Condition:   [Open]  
Balance:     
High Balance:   $30094  
Terms:    
 Type:   Installment account  
Pay status:   Paid as Agreed  
Payment:   $0 Monthly (due every month)  
Limit:     
 Opened:   11/01/2001  
Reported:   05/05/2004  
Responsibility:   Individual account  
Past Due:     
 
  Remarks:  
 
   Two Year Payment History:     
  
  Six Year Payment History: 
  30 Days Late: 0 60 Days Late: 0 90 Days Late: 0

 
GOVERNMENT STUDENT LOANS     
 
  Account #:   ***  
Condition:   [Closed account] ([Transferred])  
Balance:     
High Balance:   $0  
Terms:    
 Type:   Installment account  
Pay status:   No Rating  
Payment:   $0 Monthly (due every month)  
Limit:     
 Opened:   09/01/2000  
Reported:   02/01/2001  
Responsibility:   Individual account  
Past Due:     
 
  Remarks: Account Transferred
 
  Two Year Payment History:    
 
 
  Six Year Payment History: 
  30 Days Late: 0 60 Days Late: 0 90 Days Late: 0

 
C.I.B.C.-STUDENT LOAN    
 
   
  Account #:   ***  
Condition:   [Unknown]  
Balance:   $5076  
High Balance:   $5076  
Terms:    
 Type:   Installment account  
Pay status:   No Rating  
Payment:   $0 Monthly (due every month)  
Limit:     
 Opened:   05/01/1998  
Reported:   10/01/2001  
Responsibility:   Individual account  
Past Due:     
 
  Remarks: 
 
   Two Year Payment History:     
 
  
  Six Year Payment History: 
  30 Days Late: 0 60 Days Late: 0 90 Days Late: 0

 

The two year history's (unable to copy over) show payment history's as "ok".  No charge off's.

I have never made a payment to any student loan since I graduated in 2001 and I was discharged from bankruptcy in May 2004.

 

My main issues are this:

How can CIBC show my loans as open with a zero balance (1st two loans)? 

Wouldn't these loans be derogatory and have fallen off my report by now?

How can a loan have an "unknown" condition, reporting a balance oustanding and have not fallen off my credit report?

How can a closed government loan still remain and not have fallen off my report?

I live in Ontario and I have two hard queries on my report from a collection agency (May and June 2010).  Can I have these hard queries removed?

 

Any help in proceeding (perhaps carefully) to have these items removed would be greatly appreciated.  I am cleaning up my credit report, paying my Canada Student Loan (not listed above), and looking to apply for a mortgage in about a year's time.  I might negotiate my unsecured loans with collections (past the statute of limitations) as it may impede getting a mortgage.

 

Thanks!

 

 

 This is how they report student loans. It looks like a federal loan, and once it was defaulted it went back to the government, and hasn't been reported after that. It is a guaranteed Canada student Loan.

 

Call CIBC ad ask them your question and then come back and share it for others to see with the same issue. Or, file a consumer request with Equifax Canada ()this looks like one of their reports) asking them to correct your credit history by purging items that are reflecting on their well past the permitted reporting period.

 

Johnny

 

 

 

 

The reality is that if the inquiry is a lawful one then the reporting right of the loan provider is 3 years. Once three years has past then the hard inquiry must be purged off. If you ask them to cut you a break and be professional/courteous about ti then your chances will definitely be better.