Cynic Posted March 31, 2008 Report Share Posted March 31, 2008 It's complicated what happens with the negs when you rehab, since it depends on your loan type.For Direct and Perkins loans, ALL NEGS are removed.For FFELP loans, the negative info reported by the guarantor (the entity that bought your loan when you defaulted, USA Fund or a state agency) is removed, but NOT the lates reported by the original lender (the holder of the loan before you defaulted, Sallie Mae, Nelnet, the bank, etc). The best solution for you as a borrower will vary according to your circumstances and the type of loan you have. Quote Link to comment Share on other sites More sharing options...
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