Whew it's been a long year so far , been repairing my credit all year and my Fiance's too , part of that included my SL that was in default since 2013. I entered into the Rehab program in Feb 2016 , nine payments later I am done . I thought I was done last mth but I figured it wrong anyway just made my final payment 9/11 and called to confirm I was completely done with it and yes it is done .
Now more waiting for the new loan holder to pick it up then I can do what I have been waiting forever to do and that is DISPUTE these 4 TLs on my credit reports and hopefully have a good outcome from it. I have followed other threads here and I am gonna use what they have done as a guideline to try to get the same results which is having all the old TLs with bad stuff removed completely and then hopefully the new TLs will show up with a squeaky clean trade line . I know it is a chance it may not go that way , may only be able to have the default status removed and the lates will stay but I must try try try as this is literally the last baddie on my reports but it's a huge one and it's what is keeping me from rising over 620s.
I was also told by the CA who has my acct that they are supposed to tell me it can take up to 60 days to get a new loan holder but he said he has never seen it take that long esp in the last year or two they have really tried to get things done fast . He told me to Cal back by Friday to see if The Dept of Ed has pulled my file back from the CA. So I will report back as I hear any new updates for those who are in the same situation and searching for info on how the process works I'll keep it updated til the end.
There isn't alot out there about it so I figured I would contribute. Thanks everyone !
SEPT 11 2016 - Made final SL Rehab payment waiting on new servicer to pick up loan .
Sept 21 2016- called Dept of ED my loans have now been picked up by Navient, dispute process started on all three bureaus.
