While, in most cases, no credit is required to take out student loans; payments, both on time and late, toward student debt are reported to all three credit bureaus monthly. If loans are rehabilitated from a previous default, the default – but not the late payment history - should be removed from your credit report. If you believe that your servicer mis-reported something, please contact them for help. If you are not able to contact them, please file a complaint with the Student Loan Ombuds.