Hi everyone,
I’m looking for some advice or personal experiences. My Perkins loans recently went into default, and it caused a pretty significant drop in my credit score.
Right now, I’m being offered two options. Loan rehabilitation with payments around $1,150/month. The issue is that at that payment level, the loans would actually be paid off before I even complete the required 9 months of rehabilitation.
I did to submit everything to lower the payments so that I could meet the 9 payments. However, the lowest they offered me would still not be low enough to make the 9 required payments.
I could pay it full. However, my main priority at this point is improving my credit score as quick as
I’d really appreciate any insight or experiences. Thanks!!
Posted by ihelppeople97