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Student Loan sent to CA (offering rehab)

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Anonymous
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Student Loan sent to CA (offering rehab)

Any help/advice would be appreciated.  I had two student loans (CSA) that went into collection (progressive) and has been in collection the past 4-5 yrs.  Each loan amount is only $2000 each and the CA offered a rehab program (9 month payment) at which time, the negative report will be removed.  I heard from the board that the government offers rehab program and wanted to know if the rehab program offered by the CA is legitimate.  I know that paying off the collection will result in the negative being in my CR for a long time and wanted to know if the rehab program the way to go.  I also wanted to know what the monthly payment would be for joining the rehab program.

 

Thanks a bunch.

 

 

Message 1 of 2
1 REPLY 1
laz98
Senior Contributor

Re: Student Loan sent to CA (offering rehab)

just paying the collection without doing a rehab will not remove the collection from your reports.  it will just be marked paid in full.

Message 2 of 2
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