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Debt Consolidation Forums Student Loans and Education Debt forums

Will cleaning up credit affect my score?

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I was in the rehabitation program and was one payment late. They kicked me out of program for this but allowed me too get back in the program for an extended 6 months evaluation. Well, they took my tax refund, which paid off what i owed. I not upset about the money. But is really trying hard to clean up credit and is concern on how bad thats going to affect my credit score?




You will still have the original negative default plus the guarantors tradeline reflecting paid default. Time will heal it.

Sub: #1 posted on Thu, 03/18/2010 - 16:11

SOAPLADY SOAPLADY
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(Posts: 17319 | Credits: )

Your credit report is going to reflect whatever happened to your finances. It is going to be a while before it heals and you become ready again to take out another loan.

Sub: #2 posted on Sun, 11/04/2012 - 22:04

daniel.radcliffe0110 daniel.radcliffe0110

(Posts: 46 | Credits: )


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