Scvbd99, i will need certainly to disagree with you. We finished rehabbing my loan in might and TU and EX have actually deleted the old tradelines entirely (waiting on EQ). These were changed by tradelines aided by the loan that is new dating back again to whenever I initially took out of the federal student education loans by having a « pays as agreed » status with no belated payments. They really show no re payment history to them. My understanding is it isn’t really the way it is with everyone else (having the tradelines that are old), however the brand brand new tradelines will back date. Theoretically, all they need to do is eliminate any remarks showing that the loans had been ever in standard, many do significantly more than that.
Absolutely nothing you said has any applicatiion to my reponse into the opening post.
I stated that unpaid student education loans remain on your credit history indefinitely, and i’m perhaps not rendering it up. Your loans that are rehabbed stay unpaid are nevertheless on the credit file, right? The financial obligation does not disappear completely, and neither does reporting on that financial obligation on your own credit history. After rehab, your debt simply gets a servicer that is new as you stated.
Anyhow, the person i taken care of immediately said absolutely absolutely nothing about rehab.
So far as what you are saying (which once more, has nothing in connection with this thread) whenever you rehab financing, all details about it ever having held it’s place in standard is requried to disappear completely for legal reasons. Some other deraugatories eliminated are 100% as much as the CA/servicer. Individually, I experienced 18 defaulted student education loans that i rehabbed, and 15 of those had the late re re payment history before default eliminated. Continuer la lecture de « Just how long do defaulted figuratively speaking stick to credit history »