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Showing results for tags 'consolidate'.
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I finished rehab with dept of ed for two of my loans Around $40k each they are now with salliemae, I also consolidated three smaller loans from Texas guaranteed that are now with salliemae too. How should these report on my credit report? I also think at one time nelnet had the loans that were with texas guaranteed. On transunion, one of the dept of ed loans is gone the other is reporting closed charge off. texas guaranteed are reporting closed charge off. nelnet reporting closed Experian: dept of ed loans are not showing at all texas guaranteed reporting as paid closed nelnet showing claim filed with government. I don't have claim filed with govt. I disputed last month and they have updated and its still saying claim filed with govt. Equifax: Dept of Ed shows collection. I have disputed, still under investigation Texas guaranteed shows collection Still investigating my disputes on nelnet, will update
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I have $14,000 of credit card debt. Most of the credit cards are high revolving, meaning that they are almost at their limits, but off by about $750 or so from the limit on each card. I have an opportunity to get a personal loan to pay this off at around a 10% interest rate (and a 5 year payback) Question: Would getting the personal loan and paying off the credit card debt in full (and not using the cards again) increase my credit score? I know that it is really robbing peter to pay paul, but there is a big difference in the way the scores are calculated when it comes to revolving credit v. installment loans. I wanted to get everyone's take on this question. Thanks everyone!
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Need help on my wife's student loans. I have read most of the posts here that I could and I'm still unsure of the proper way to get the student loans under control. We are aiming to clean her credit and this is the last item left. She started on rehad with the collection agency last year but stop 4 months after financially we could not make the payments any more. We should have called and asked for income based payment for lower payment, if we had know at the time I've read to its better to rehad first and then consolidate your loan once out of rehad. But I heard that you only get one shot to do a rehad? If so then what is the next alternative to do. Also how do you tell who owns your loan now. I've went to the nslda.ed.gov website and all that is listed it: Direct Consolidated Subsidized $3,639 Direct Consolidated Unsubsidized $6,176 DEBT MANAGEMENT AND COLLECTIONS SYSTEM U.S. DEPARTMENT OF EDUCATION PO. BOX 5609 GREENVILLE TX 75403 But on credit report it has listed as permanently assigned to the government Collection acct $3,967 Collection acct $6,773 PO Box 4222 Iowa City, IA 52244 Any help that anyone could provide would be greatly appriecated
