Re: What can I expect?? Rehabbing with Windham Profession
09-09-2012 10:24 AM
Also, as a benefit of rehabbing, a lot of those penalties will fall off.
For example, I had $21k in student loans before default. That skyrocketed to $28k. Once rehab is done, the penalties will reduce to like 18% or something, which brings my owed amount down to like $25k-ish. You should get the specific terms in the rehab paperwork they send you. Read it carefully!
Nov 2012 FICO - EQ 646 (myFICO SW), 655 (Lender Pull)
Left the garden in Nov 2012 to buy a Prius c and a new living room set!
Back in the garden until it's time to buy a house... 2014?