Can I remove late payments from my credit report?

In general, you can't remove late payments on your credit report. The only way to remove late payments is if they're a mistake or if you send a goodwill letter explaining your situation. Keep in mind that your lender may not approve goodwill letters.

How does rehabilitating a federal student loan improve my credit?

When you rehabilitate your federal student loans, your credit improves as the record of default gets removed from your credit report. This can help your credit, but be aware that your late payments before entering default will still show up and can impact your credit.

What is the fastest way to rebuild credit after student loan default?

The fastest way to rebuild your credit after student loan default is to get in good standing with your student loans. You can do so by paying in full, rehabilitating your loans, or consolidating them.

Can I refinance student loans with a low credit score?

You typically need a good credit score to refinance your student loans. If you have a low credit score, adding a cosigner to your application may help.

How long does it take for credit to recover after default?

It can take a while to fix your credit after student loan default. Missed payments remain on your credit report for seven years. Keeping your account in good standing and making payments by your due date may improve your credit score over time.

Student Loan Credit Repair: Steps To Rebuild Your Credit Score