Getting the default status removed and any collections involved removed will be positive to your FICO scores-
it should start helping right away as it will still have the orginal open date-
HELPLESSINFICOLAND wrote:
Once a student loan is out of default does it help your fico score since it is resold and the default status is removed? How long does it take to become a positive trade line? will fico score drop at first after it is sold? thanks
Message Edited by Timothy on
02-08-2008 06:03 AM
