Hello,
I was truly disappointed when a new collection appeared on my credit profile. CK said it brought my score down -9. My school (2 years ago) gave me a disbursement after I cancelled classes. I honestly assumed the monies came from the lender and not the school to pay back. So that is my fault. Well the school turned it over to collections. $2000 is what's owed.
I entered into a $10 ppayment arrangement per month. Pay from 12/14 to 6/2015. The money orders indicate the month it is for.
Someone from this forum suggested Loan Rehabilitation. How does that work?