Valued Member
Posts: 32
Registered: ‎05-04-2012
Re: Student Loan Rehabilitation And The Effect On Tradelines



    I've been receiving alerts this morning from two of my credit monitoring services saying there were new changes to my report. So I decided to check it and I found out its my rehabilitated loan that is be ing reported by AES to the credit bureas. The problem is that they reported it as a collection account and both of my monitoring serv ices have marked it as "potentially negative" and by the way none of the negatives have dropped off so there has been no change to my score yet. What the hell!?!?! Correct me if I'm wrong but wasn't the whole point of the rehab to get the loan out of collections and default status and return it to good standing? I mean thats what the rep from AES told me on the phone specifically so why in the hell are they reporting this loan as a collection account? Has anyone got any experience on this?....I know I should dispute but the question is when?

Starting Score: 435 EX(Fako)508 EQ(FICO)495 TU(Fako)522
Current Score: 605 EX(FICO)605 EQ(FICO)570 TU(FICO)595
Goal Score: 750 Across the board!

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