• Welcome to The Student Loan Debt Forum | The College Investor. Please login or sign up.
 

Student loan default

Started by Dmass316, February 28, 2021, 08:30:11 pm

Previous topic - Next topic

Dmass316

I recently completed a student loan rehabilitation and my loans are out of default as of 2/24/2021 and with my new loan servicer. 1 loan for 5K. When should I expect the new loan to report on mu credit and would this raise my credit score some since im no longer in default?

TheCollegeInvestor

It usually posts on your credit report within a week or so. Yes, it will likely raise your score, but remember, you still have late payments and other factors holding you back. It will take time to dramatically raise it.

When you pay off that loan, it will boost it even more.