Can student loans trigger a charge-off?

Can student loans trigger a charge-off?

Posted in the Bassett Forum


Phoenix, AZ

#1 Nov 16, 2013
Can student loans trigger a charge-off?I recently applied for a Discover card that I was supposedly "pre-approved" for, but ending up getting declined anyway. The reason they gave me was that I have a charge-off on my credit report. I looked up what this means, and found that it's a payment that has been deliquent for over 3 months. This can't be right, because I only have 1 other credit card and I've never missed a payment, in fact it's not even maxed. The only other thing to ever be in my name were some utilities, which were always paid. The only thing I could think of was that my student loans might have trigged this, because I'm still in school and haven't started payments yet. That being said, I'm not required to start payments on them until I graduate. Could they still have triggered the charge-off or was there a mistake somewhere? Thanks.


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