amellhea
Jun 7 2005, 07:35 AM
I am frustrated with my EQ report because I finished rehab through AES/PHEAA back in April. However, I just viewed my credit report and it still has a default status remaining from the original lender (First National Bank). AES/PHEAA took over the loans once they went into default. AES deleted what they had promised, but for some reason on my EQ report, the First National Bank is reporting the default status and late payment history. I understand that they are not obligated to remove the late payment history, but it seems as though default status should be removed. When I entered the rehab program, I was told the default status from my student loans would be removed. Any advice on what I should do?
LynnInMN
Jun 7 2005, 08:56 AM
The defaulting lender is not required by law to change any of the notations on the CR. Try a goodwill letter, telling them you have rehabbed.