motoracer wrote:this is probably a craaaazzy question but my student loan shows 120 days past due, does that mean it has when in defaultt? Im now current and making payments on time for the last 3 months? was my SL in default? not sure
motoracer wrote:my credit report says that I have too many installment loans should I consilidate the 2 loans or will that hurt my credit score if i do so? also I dont understand if I default on my student loans I can rehab them for 12 months and totally remove any negs off my CR but if I just have some late pays I cant rehab those to remove,,,doesnt seem fair,,,seems like I should just let them go in default and then rehab them to totally remove them so the late pays dont stay on there for 7 years!! anyone got an answer to that?
motoracer wrote:Thanks I appreciate all the info guys. I only have 2 student loans total balance is only around $1800.00 when I consolidate these loans who should I contact to do so and When I do if I pay the full amount in one lump sum do you think that would remove all the late pays on my CR that is showing up under the Sallie Mae account? or should I just continue making the payments after the loans are consolidated?