student loan tradelines

[pjoner]

Hello everyone, this is my first post on the forum. I must admit, I have read hours and hours of information on this site and it's great.

I am currently starting the process of repairing my credit to further my future. In addition to the process of removing collections off of my account I need a tradeline updated on two different student loans which I am repaying.

Loan with Perkins

EX Current

EQ Current

TU Collection/Chargeoff, they havnt reported since 2/2006

Loan with US DOE

EX Current

EQ Current

TU Late 120 days, they havnt reported since 2/2006

I could like both TU tradelines to appear as current.

Should I goodwill these people, should I dispute with TU or should I do both?

thanks in advance, I am looking forward to the next step.

[pjoner]

I went ahead and disputed with the CRA's, I will let you guys know how it turns out

[LynnInMN]

Were you late, or defaulted?? Disputing student loans can often make matters worse....the DOE will examine their records and could go "mmmm this should not be reported current" and then negatively update your tradelines.

[pjoner]

I did default on the Perkins loan, it was sent out to a CO. I am close to the 12 month period of the rehab where they agreed to clean my report. That tradeline could not get any worse currently. good thing I disputed.

I never defaulted on the DOE loan, they are marking me as paying as agreed but I was late at some point. They are currently not reporting lates on EQ or EX. TU TL hasnt been updated since Feb, it states late 120 days. I disputed with TU, hopefully the DOE dosnt touch the other two lines.

I am trying to purchase a vehicle next year so I am trying to do as much as I can in a short period of time.

[PolarBearnCO]

You may not need to do as much as you'd think to buy a vehicle. Two months ago, I think my scores were around 580 or so, and my CRs showed 10 unpaid medical collections for more than $12K and 10 previously defaulted student loans, and Cap 1 gave me a 15-minute preapproved loan for up to $30K at 12.95%. The interest rate is higher than I'd dream of, but not as high as it should have been with my CRs and scores.

www.capitaloneautofinance.com if ya wanna check it out. They pretty much mail you a blank check, so you can walk into the dealer as a cash buyer, which gives you a big chip count at the bargaining table.

So far, only thing I haven't liked about Cap1 is that [today] they sent me a letter stating that my insurance deductible wasn't low enough and wanted it changed. I swear they told me $1000 was enough originally, but now they want $500 or less. I logged into Geico and changed the deductible, which will cost me another $150 a year. Oh well.

[pjoner]

this is just a fyi. In result of these 2 disputes my TU score went up 31 points, my EX score went up five, and EQ dropped 3 points. seems like it worked out. also, for some reason one of the loans is reporting the loan as paid with 0 balance on two dfferent reports which cut down on my debt ratio. I have a rather big balance so I dont know why they are doing that.

this is a start, I am also in the process of disputing 2 unpaid collections, I just acquired a secure card and one of my loans rebab is about to complete. Current goal 6 months from now is to hit 650 if possible on all three. I think it's very doable.