Regular Contributor
Posts: 191
Registered: ‎07-05-2012
Re: Consolidating Student Loans

Rehabbing is probably where to start, but just to clairy, sucessful rehabilitation does not automatically guarantee that you get fresh new positive tradelines. Some of the lenders will do this upon request. But rehabilitation will just remove the default status. Additionally, if they are 4 years old, they will start to fall off in a few years. If he remains current, paying on time, rehab etc, his scores will rise. Nothing will fix this immediately though. Its going to take 12-24 months, unless they do delete the lates after a rehab, in which case he is still looking at 9+ months. Theres no magic solution here.