Mar 222011
My wife and I have been paying off our collection accounts for the past 2 months. We are trying to purchase our first home. A realtor advised us to get our collection accounts to a zero balance. We recently checked our credit too see if there was any progress. And my wife score dropped. She figured it was because of her 50,000 student loan that have 30, 60, and 90 latest. She contacted Direct Loan and they honored a deferment to start form the first day of being late. Will the action help her in any way. Or at least move up her score