HELP!! Student loan Rehab

[lily04]

Long story short... I have been trying to repair my credit to purchase a home next year. I started in the low 400's last year across the board due to my lack of knowledge on credit when I was young. This also had led me to let my student loans go into collections. I am currently rehabbing my student loans and I just made my 7th payment.

My fico scores currently at EQ 614 TU 677 EX 646 I decided to look at my report a little bit more closely since I have been obessing about my credit and I can't seem to stay away from reading the forums.  Well I my I copied below what I just noticed on my reports and realized to this date they are STILL reporting late payments.... Is this even normal??

Once I finish my rehab will it delete all these late payments even the ones to this date? I am having a panic attack right now and don't know if maybe I am just being over paranoid. Any help is much appreciated. 

COMPANY Dept Of Ed/Nelnet Dept Of Ed / Nelnet Dept Of Education/Neln LOAN TYPE Student Loan Student Loan Student Loan                 DATE OPENED Oct, 2009 Oct, 2009 Oct, 2009

Status

STATUS DATE Mar, 2016 Dec, 2013 Feb, 2014 CONDITION Closed Closed Closed LAST ACTIVITY Jan, 2013 - Not Available BALANCE $0 $0 - STATUS At least 120 days or more than four payments past due 120 days past due Account transferred to another office

[Aduke1122]

This is happening to me also , just made my 8th payment and got to looking closely at things bc like you I'm obsessed and I was in the 400s in Jan and have managed to clean everything but , my SL is the last thing left , I'm about to make my last payment this mth .. but yes im not sure if it's right for them to do this but it deff shows up as late even thought im making my payment every mth . I asked about it and was told it would be like that until I am done with rehab then all that will be erased .

[lily04]

Thank you for the confirmation!! I thought it was weird and had me freaking out.

Please let me know how much your score increases after its deleted. I am hoping im in the 700's by time I purchase a home! 

[Aduke1122]

Me too !! I'm so anxious with all this , I see some ppl have good luck and get everything removed and brand new pretty TLS and some only get the default status removed but not the lates .. it makes me so nervous .

[Anonymous]

Just wanted to added.  After I finished my rehab for my 4 defaulted student loans (deptofed/nelnet) the current tradelines from the default were deleted completely.  However, the original tradelines with the late payments leading up to the default still remain.  I have tried everything to get Nelnet to delete but they will not delete original tradelines.  They only change the default status to pays as agreed but leaves the late payment history.  Just an FYI for you guys.

[Aduke1122]

I got Great Lakes to remove ALL of my lates from my orginal Tradelines , I guess it's all up to the lender , I've heard bad things about Nalnet . So far everything has been removed and updates and all lates gone from everything except EX , they just put in the request to have them removed on the 13th so I was told it can take 30 days or so to update depending on each bureau. Oh also want to add that in my orginal disputes my lates were not removed . I disputed right as soon as my loan was rehabbed and picked up by the new lender . But I reached out to Great Lakes via FB message and she got back with me very fast and insured me that everything all lates would be removed from all 3 CB . The power of social media is great nowdays , maybe try that with Nalnet ?

[ms3270]

I am looking to help my husband rehad his loans. What number did you call for Nelnet? I looked on their website and could not find anything about rehabs.

[Aduke1122]

Well if your rehabbing the SL they are in default which means the original creditor no longer handles those loans , you will have to go through a collection agency, if you don't know which one is handling them you call Dept of Education and they will give you that info .

[Aduke1122]

Telephone - Default Resolution Group
Please call us at 1-800-621-3115 (TTY: 1-877-825-9923) for questions regarding your defaulted student loan account.

[ms3270]

Thanks, Aduke1122!