Student loan rehab

Discussion in 'Credit Talk' started by steff45, May 22, 2001.

  1. steff45

    steff45 Well-Known Member

    I'm currently in the rehab for a defaulted student loan. My question is this: the loan was originally with Fleet Bank of Massachusetts but it defaulted & they sold the account to American Student Assistance. Both companies show negative information on my credit report. After my 12th consecutive payment, I've been told that all the negative info. will be removed. Will this happen for both accounts?
  2. marci

    marci Well-Known Member

  3. LoFico

    LoFico Well-Known Member

    I can share my experience with you. I am in rehab with my student loans (5 more months to go). I had my original loans with Suntrust Bank. They were paid off by the government when I defaulted. So last month I disputed them with the CRAs. They were deleted from all 3. I figure they got their money and cleared my name from their files. Maybe this helps....good luck.

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