Re: Student Loan Rehabilita
tion And The Effect On Tradelines
07-08-2011 12:18 PM
UPDATE: I spoke with DOE today and the loan is fully rehabbed as of 7/5. The loan is in the process of being sent to Direct Loans, who are going to reassume the loan and contact me by months end. I did ask about what will be reported to my CR's and the rep said only the default status would be removed but he sounded like the wrong person to be asking. Besides, I assume it is Direct Loans who reports now and it will be up to them. Although all of the tradelines say US Dept Of Education on them. If only the default status is removed, it will remain on my report until 2013, and that would be absolutely horrible. As usual, I still have absolutely no idea what is going to happen.
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12