Sentences with phrase «default notation»
No, if you want to clear the default notation, you will need to contact your loan holder to discuss rehabilitation with them.
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The default notation should be removed from your credit record.
The process of bringing a loan out of default and removing the default notation from a borrower's credit report.
Like consolidation, loan rehabilitation restores your federal student aid eligibility but will also remove the default notation from your credit history.
Rehabilitation won't repair your credit completely — your previous missed payments may still show up on your credit report — but any default notation will be removed.
If you successfully rehabilitate, the loan holder will remove the default notation from the report.
Not exact matches
Keep in mind that even if you rehabilitate your student loans successfully, that will not remove any credit report notations of late payments reported before the loan defaulted.
You might want to apply for credit, but know your credit report is filled with defaults and other negative notations.