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i am in repayment to get out of defualt.option for settlement aval option which is the best option
i have defaulted loan with Fedloan in which i have entered a repayment plan (FMS Investment Crp) to restore status of that loan and ultimately remove this loan from my credit history report. i must provide consecutive payements (9) snd my loan will be out of defualt and also out of collection agency management. i can not pay the total amount of the loan (3345) which includes fees by FMS investment copr(600) before the program ends.if so the report will stay on my record for up to 7 yrs. they also offered a settlement amount (2750) which department of education (fedLoan) and does not include the FMS fees and will be considered paid in full. but there is no indication if it is eligible for removal of report.

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