CA or Dept. of ED

Discussion in 'Credit Talk' started by nicole, Jun 27, 2002.

  1. nicole

    nicole Active Member

    My student loan has been referred to a collection agency. I just called the department of ED and they said I could make payments to them, but that because I don't have a qualified payment plan with the CA the CA may still take actions against me. Advice please?? I don't want to deal with the CA.
     
  2. Erica

    Erica Well-Known Member

    You can deal with the CA for a year. Tell them you want to rehabilitate the loan. After the year, you can have it sent back to the Dept of Ed.

    PS- rehabilitation gets rid of all of the negative information on your report pertaining to that loan.
     

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