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Posted in Student Loans
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sanchedo

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Student loan history removal.
I too defaulted on a student loan. The account was opened 2001 and referred to ED.Gov in 2014. I payed as i was able to, however, I exhausted all deferment options etc. ED.Gov sponsored a Student Loan Rehabilitation plan which aloud me to make 9 monthly payments then they consolidated my loans and removed the credit history from all but one of the lenders. (This was part of the agreement) I have been on time everytime since 2014. Should I dispute the primary lender which last reported in 2014? Would I gain much by have thatt removed, even though the newer current loan shows excellent payment history?

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You can only dispute WRONG information and nothing about your situation as reported is wrong.

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You could dispute it, but it would be doubtful that it would be removed, but it could be worth a try. However, if the account hasn't updated in a while and you dispute it and it updates rather than gets deleted it will cause damage to your credit. The damage would subside over time, but there may be damage.

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