Posts: 91
Registered: ‎09-16-2012
Re: Specific law forbidding removal of federal loans lates

Actually, FCRA Section 623(a)2 says that retroactive deferments acknowledge a time period when no payments were due. Therefore no payment was ever due and any negative credit history must be removed. Since the statute says that reports must be "updated" as well as corrected.


The FTC's lawyers and DoE counsel confirmed this to me verbally.