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Posted in Student Loans
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squbba1

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Student loan question
I recently was 120 days late on my student loan becuase of financial difficulties but just last month i contacted them and enter into a income drive repayment plan where i pay nothing ($0.00) every month. The program is renewed and reviewed every year. But i wanted to know if moving forward if the account is listed as "current" on my credit report will it boost my score?

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The late payments will still show up on your credit report for years. If your payments start showing as "current", at the very minimum it won't continue to hurt your credit scores further. Your scores should improve gradually if you're able to show a track record of "current" payments thereon after. 

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