Established Contributor
FicoTron
Posts: 512
Registered: ‎01-27-2011
Re: Student Loan Rehabilitation And The Effect On Tradelines

UPDATE:  Well, my tradelines are changing.  all three bureaus show the same thing right now, and that is the whole loan amount consolidated into one tradeline for the full amount of the loan stating "pays as agreed".  The problem however is that all of the other negative tradelines are still there as collections.  The kicker here is that basically now, my report says I owe double the amount of the loan, since it is reporting all of the collections as being owed, as well as the new tradeline of the full amount.  (If that was confusing, read it again, it makes sense).  The new loan dates allllll the way back to when I opened the first loan, so that is also a plus.  I am waiting, fingers crossed that all the negs are removed.  I mean, at the very least, they can't keep them on there the way they are, making it look like I owe double the amount I owe.

 

No score change yet, but it is still early, these changes happened yesterday afternoon.

EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12