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Credit while rehabilitating?

Started by AJ2255, November 08, 2018, 04:21:59 am

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AJ2255

Is it possible to build up my credit score while my student loans are in default? I am enrolled in the rehabilitation process for nine months at which point they will no longer be in default. I plan to use a secured credit card after the process is complete. Other then increasing income and saving as much as possible, Is there anything I can do during these nine months to be more proactive in terms of credit?

TheCollegeInvestor

Sadly not much. However, once you're out of rehabilitation and on a payment plan, the default is removed from your credit report.