CFNC and Deployment
Hi all, From 2007-2008, I had to leave school to deploy to Iraq. During this time, I missed payments on two student loans I had through CFNC. Actually, to be fair, I thought I had suspended billing during the deployment. Now I have graduated, and today found out that I have two 90+ late payments on my EQ report from March 2008. Obviously, I want to get these reports removed. I am at a loss for how to word the GW letter. Also, during the past two years at school, I have not been making payments on any of my loans. They have been in continuous deferrment which ends May 2011. Later this year I expect to pay off a sizeable portion of the student loans with my re-enlistment bonus. Would I have a better chance of success if I paid off most of the loans first, and then tried to get the negative statements removed? From what I have read on this forum, success with CFNC has been hit or miss. Any past experience or suggestions would be appreciated
Categories: Student Loans Tags: better-chance, billing-during, deployment, during-the-past, late-payments, loans, missed-payments, negative, paid-off-most, past-experience, payments-on-two, student, time, years-at-school
Help! DH wants to take out EXCESSIVE, UN-NEEDED student loans!
Can someone please help me? I have been a reader/lurker/minimal poster here for about two years
Categories: Student Loans Tags: automotive, because-unlike, loans, plans-on-taking, school, someone-please, student, Student Loans, take-out-over, taking-out-over
To PIF or pay monthly
Looking into the future, my situation may be somewhat unique and I hope I could get opinions on what to do. I recently quit my job and started a 2 year associate's program
Categories: Student Loans Tags: Approved, back-the-loan, back-the-loans, loans, Question, recently-quit, situation, situation-may, somewhat-unique, take-the-free, year-associate
Some Successes and Thank You’s
Sooo when I began this journey back in March my scores were in the mid 500 range. The first couple of months I have worked really dlligently to rebuild my credit scores and have slacked off. With that said, I just wanted to share some of my successes within the last 3-4 months.
Categories: Rebuilding Credit Tags: collections, hipaa, loans, questions, school-loans, scores, slowly-reaching, started-working
When can I expect lates from defaulted SL to fall of my report?
I defaulted and rehabbed 7 student loans, which left me with a total of 114 late payments from defaulting according to FICO. The guarantor took over the loans on 01/09 so from what I understand I will be completely clean in 7 years from that date. However, since some of those lates happened as early as 2005, should I expect those lates to start dropping in 2012 and bring down the count on my 114 lates, then the rest of the lates to follow month-by-month as they each hit their 7-year anniversary?
Categories: Student Loans Tags: count, down-the-count, entire, guarantor-took, lates, loans, make-things, over-the-loans, since-some, start-dropping, Student Loans, then-the-rest, until-2016
Any Experience with Direct Loans Rehabilitation Process?
Has anyone had defaulted student loans with US Dept. Of Ed and had them rehabilitated after 9 months of on time payments with Direct Loans and if so can you tell me how they handled updating your status to the CRAs? Did they remove the derog 90 and 120 days and/ or reflect cuurent pays as agreed?
Categories: Student Loans Tags: derog, direct-loans, loans, pays-as-agreed, reflect-cuurent, time-payments, update-the-cra, your-status
KeyBank Private Education Loan Charge-Offs
I have a series of private student loans (total of about 20 due to each disbursement being treated as separate loan) with KeyBank, mostly from graduate school. Due to a period of unemployment last year, 11 of them charged off. The charged-off loans toal about $104K
Categories: Student Loans Tags: actually-paying, advice-on-how, been-signed, charge, credit, credit-report, impossible-does, loans, more-positive, private-student, research, since-the-loans, the-charge-offs, utilization, whether-or-not
New to this ready to start
Ok Guys I have a pleathora of information to ask of you credit gurus.
Categories: Rebuilding Credit Tags: Advice, Credit Card, house, loans, love, plan-on-letting, report, took-the-advice
Deferred SL Question
Does FICO score a student loan in deferment differently than one that is currently being paid on?
Categories: Student Loans Tags: currently-being, FICO, loans, nothing-else, score, student-loan
Time to get the credit fixed- heres what I have! Help please.
I have been reading these forums for the last 3 nights, and it has spurred me on to get going and fix my credit! Its come to that point in my life where I have decided to dive into my credit files and see whats up.
Categories: Rebuilding Credit Tags: amex, been-on-time, credit, dads, help-or-advice, life, loans, saying-the-debt, Sears, wife