Reply
New Member
moisaenz
Posts: 2
Registered: ‎02-01-2014
0

Have a student loan rehabbed still reporting past due..

[ Edited ]

I have a student loan that defaulted before Bank of America transferred to government servicer. In my report it shows 120 + past due although it has a note that it was transferred to government. The rehabbed loan shows up as well with the new balance. is there anything I can do to get Bank of America off my report? 

 

Community Leader<br> Valued Contributor</br>
Community Leader
Valued Contributor
SCF
Posts: 1,053
Registered: ‎06-09-2008
0

Re: Have a student loan rehabbed still reporting past due..

Contact them and tell them you rehab'd the loan and they are required by law to remove any indication of the default, which would be the "transferred to government servicer" comment in your case.  Some lenders will go so far as to delete the original tradeline, or remove the late payments, so it never hurts to ask for that as well.  The extra changes are at their discretion though,

Regular Contributor
hopingsoon
Posts: 231
Registered: ‎03-09-2013
0

Re: Have a student loan rehabbed still reporting past due..

I didn't contact anyone about it but eventually they removed this remark from mine after about 6 months



Starting Score: FAKOs EQ 537 TU 497 EX 517
Current Score 7/11/13: FICOs EQ 650 TU 659 EX 655
Goal Score: 675 Who am I kidding? Goal Score: 750+ :smileyhappy:


Take the myFICO Fitness Challenge

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+