Frequent Contributor
Kathy4NU
Posts: 279
Registered: ‎07-09-2012
Re: Student Loan Rehabilitation And The Effect On Tradelines

Kjel, Your story is similar to mine.  I just made my 6th payment to CBE group.  I finish up in February.  I also had cancer and was uninisured.  Luckily, I beat it and now private pay my insurance to be sure I never get in that situation again.

 

My loans are slightly higher than yours at $120,000 but my payments are much much higher than yours at $1248 a month.  I have three payments left.  It is being reported on 4 tradelines which is completely inaccurate - I only have two loans as I consolidated them 8 years ago.  CBE said that Dept of Ed would make sure to delete the two duplicate and erase all lates etc once I am done with rehab.  I was going to contest them with the credit bureaus but decided against it since it really wouldn't make a difference until the rehab was done anyways.



June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO

Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans