cancel
Showing results for 
Search instead for 
Did you mean: 

Private and federal loan charged off and in collections

Established Member

Private and federal loan charged off and in collections

I have a few student loans and they are both in collections. The original loans were charge off to other companies that were charged off again. Now I want to begin a rehabilitation with my loans but do I contact my original loan , or the last company who is handling it. How do I get these negatives off my credit report, thanks for your help Smiley Wink
Message 1 of 7
6 REPLIES
Senior Contributor

Re: Private and federal loan charged off and in collections

Welcome to the forums!

 

I would start by checking out the Student Loans forum, & seeing how other people got started.  They may have the same companies that you owe money to, which would be even more helpful to you!  Smiley Happy

 

I don't know how rehab works, but I would just start by contacting my original lender, & seeing what they say.

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Message 2 of 7
Moderator Emeritus

Re: Private and federal loan charged off and in collections

Zapped to Student Loans

Message 3 of 7
Established Member

Re: Private and federal loan charged off and in collections

Thanks !
Message 4 of 7
Regular Contributor

Re: Private and federal loan charged off and in collections

For the federal loan, I would check the National Student Loan Database. That'll tell you which agency is handing the defaulted loan now.

 

For the private loan, that could be trickier. I don't have any private loans, but there I'd probably start with the original lender.



Message 5 of 7
Established Member

Re: Private and federal loan charged off and in collections

Ok I will contact my citi bank original private loan , thanks. Once I contact them n make arrangements would would happen to the ca for it which is nyshe then transfered another company ?
Message 6 of 7
Highlighted
Senior Contributor

Re: Private and federal loan charged off and in collections


Ashleyma23 wrote:
Ok I will contact my citi bank original private loan , thanks. Once I contact them n make arrangements would would happen to the ca for it which is nyshe then transfered another company ?

First, see if they are WILLING to make arrangements with you.  They may just tell you that you're stuck working with the CA.

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Message 7 of 7