01-20-2013 03:46 PM
01-21-2013 06:51 PM
01-22-2013 12:13 AM
both my loans were picked up by AES/Suntrust after rehab. Im not sure exactly what your question is, but AES/Suntrust opened 2 new positive TL on my report. The negative TL's remain on my report, though as updated to "120 days past due" with a $0 balance (which still baffles me). The late payment history is still there.
Hoped this helped, a little...BTW, 1st post for me!
01-22-2013 05:27 AM
01-22-2013 06:25 AM - edited 01-22-2013 06:25 AM
My loan was picked up by Suntrust in November 2012. It turns out it is AES. My CR was updated to report positive payment since 2006 and shows up as Suntrust/AES. I'm still trying to figure out the validity in the original lender (Mohela) reporting 120 days late (last reported 6/2010). I was under assumption that it was to be deleted. Everytime I call they tell me they reported it to the CRs on December 3 and the CRs have 60 days to report.... I'm not sure if I'm just confused and AES\Suntrust is the positive tradeline they are referring to or if they really should be removing the 120 day late....
Were you 120+ days late to MOHELA on 6/2010? Well, then it is valid reporting. There is nothing about the rehabilitation process that stipulates all negative remarks on previously defaulted tradelines will be replaced with positive notations. Yes, they should change the status from default to something else. Don't confuses status with payment history. You can try to GW MOHELA.
01-22-2013 06:34 AM
01-22-2013 02:01 PM
01-22-2013 03:04 PM
01-22-2013 04:42 PM
01-22-2013 05:15 PM
These responses are not provided or commissioned by FICO. Responses have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
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.