cancel
Showing results for 
Search instead for 
Did you mean: 

Rehab Student loans rare question

tag
Anonymous
Not applicable

Rehab Student loans rare question

Can u rehab a Student Loan that is not in default but was previously
Message 1 of 2
1 REPLY 1
Tazman81
Established Contributor

Re: Rehab Student loans rare question

No, student loan rehab is for loans currently in default.  If you've already gotten your loan out of default by making the payments or refinancing, then you cannot rehab it.  What are your thoughts for wanting to do a rehab?

 

One of the misconceptions is that the student loan rehab will remove all the lates from your student loan.  This is not correct.  Any lates that happened prior to the rehab process will remain on your credit report.  Although there have been reports of lates being removed early on when the rehab program was introduce, I think most services have ironed this out and it doesnt happen as much anymore.  Rehab removes the default status from that loan.


Current Score: Eq: 823 Tu: 830
Goal Score: Eq: 850 Tu: 850

Wallet: PenFed Power Cash 50k | AMEX Blue Cash (AU) 49.5k | Cap One QSMC 26.5k | AMEX Platinum NPSL | USAA Signature Visa 25k
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.