No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
March 2012:
I've been on the rehab program for 11 months now. I should have been off in 9 months. I spoke to the dept. of education and they keep telling me they don't know when the program will take effect. is anyone experiencing this problem. They said I've kept my end of the bargin but they are waiting on their "system" to update...
any idea what's going on?
@Anonymous wrote:March 2012:
I've been on the rehab program for 11 months now. I should have been off in 9 months. I spoke to the dept. of education and they keep telling me they don't know when the program will take effect. is anyone experiencing this problem. They said I've kept my end of the bargin but they are waiting on their "system" to update...
any idea what's going on?
If you re-read that last several pages you will see that this is very common right now. We're all in the same boat....just waiting for DOE to get things up and running again.
I was in the same boat, i made it a priority to call them every other day. I guess they got tired of me calling because my rehabbed loan is supposed to go through today and i am to call this lady back in the morning and she is gonna conference me in with all 3 CRAs and request a manual update right away so we will see come tomorrow. My best advice is just keep calling them! Because we all know if you don't make a payment they will call you every day so do the same to them!
Danielle,
I called 3 different people every other day, i called the collection agency in charge of my rehab, great lakes my orginal lender picking the loan back up, and the department of education. As of wednesday a lady (Susan) personally called and faxed over request for updates and removals on my defaulted loan. Now i am just waiting for CRAs to update. I would suggest you just continue to call them and do not settle for an "computer upgrade" answer that is their way of brushing you off and not having to deal with you. first month or two i was very frustrated and within a month of bugging them every other day they finally got things taken care of..
Does Susan work for the DOE or Great Lakes? I've asked for the same letter and the DOE keeps telling me that they can't send that to me and that they can only send it to the Credit Bureaus.
If the company taking the rehab has made you that promise, then get it in writing and make sure it is official and notarized if needs be. That way if something negative from your past does pop up, you will be able to have some legal action to take to make sure it is all removed. Some other good information about things like this can be found at this website. Mod Cut!
Spamming and self-promoting are not allowed in the forums.
--fused, myfico moderator
I got what i think was good news this morning still not totally sure yet. All of my SLs have been deleted from all 3 of my reports completly, and i was also told this morning after my first new payment is reported it will show as a new account on my report dating back to 2004 and being paid as agreed upon. Just with the deletions my EQ went from 565 to 637 and EX 553 to 633, i have not seen TU but did get an alert they were deleted as well. I'm just hopeing when they report the new loan and with it being aged back to 2004 my scores go up a little bit more. I also have 2 accounts still in disputes so once they update and report again i should see an increase in a few more points as well... This has been a long process and so glad starting to see the light at the end...