Credit Cards Center Credit cards from our partners
Reply
Highlighted
Regular Contributor
Posts: 224
Registered: ‎12-11-2012
0

Can Sallie Mae report lates while I'm in rehab ?

So I consolidated my sallie mae and my direct loans together and they're all being collected by Fl Dept of Education. I just completed rehab and I'm waiting for my loan to be picked up but Sallie Mae is still reporting 120 days late every month even though when I call them, they don't even have my loans (which is correct). Can they do this ? 

12/11/12 Starting Score EQ FICO - 583/ TU FICO - 615/
4/1/13 - Lender Pull - TU - 645 EQ - 675 EX 712
Each One - Teach One
Established Member
Posts: 113
Registered: ‎12-04-2012
0

Re: Can Sallie Mae report lates while I'm in rehab ?

You will need to finish your consecutive 9 months of paying on time first before the negative reports are removed.

Regular Contributor
Posts: 224
Registered: ‎12-11-2012
0

Re: Can Sallie Mae report lates while I'm in rehab ?

I did - I'm finished with rehab. They've removed my tax offset and everything. Just waiting to be picked up by the new lender but sallie mae is still report 120 day lates. Is this happening to anyone else ?

12/11/12 Starting Score EQ FICO - 583/ TU FICO - 615/
4/1/13 - Lender Pull - TU - 645 EQ - 675 EX 712
Each One - Teach One
Established Member
Posts: 45
Registered: ‎01-19-2013
0

Re: Can Sallie Mae report lates while I'm in rehab ?

[ Edited ]

Oops! double post! i don't know how to delete... 

Starting Score: EQ 511 (1/20/13)
Current Score: EQ 633
Goal Score: 680
Established Member
Posts: 45
Registered: ‎01-19-2013
0

Re: Can Sallie Mae report lates while I'm in rehab ?

I just started the rehab process within the past few weeks and it was explained to me that my rehab is not complete until my loan has been picked up by a new lender...so any restored rights, removal of negs and anything else promised, will not happen until the loan is picked up. 

Starting Score: EQ 511 (1/20/13)
Current Score: EQ 633
Goal Score: 680
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.