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After Rehabilitation question

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New Member

After Rehabilitation question

So, my (private) SL company says my post rehab payment will be close to $1000.00.

My question is how long did it take your credit to recover after all the paperwork went through for your rehab? My spouse is freaking at the thought of paying a grand every month but i'm trying to reassure her that it won't be for very long because i intend to refinance as soon as my credit score goes up.

Anyone have any stories/insight they could share regarding their process/experience?

 

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Valued Member

Re: After Rehabilitation question

It didn't take very long for me (maybe 30 days to correct default status on all three reports) as Navient was quick to pick up my loans that amounted to a little less than $4,000. Rehab isn't complete until after the loans are transferred to another provider. 

FICO 8 Scores (09/2017)
EQ=485
TU=460
EX=496

FICO 8 Scores (04/2018)
EQ=645
TU=640
EX=659

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