Will paying defaulted student loans improve credit scores
Negative accounts, even paid defaulted loans can remain on your credit report for seven years from the original date of the first missed payment that led to the defaulted off status.
Don’t run from student loan debt: Rehabilitate defaulted student loans
The average student loan borrower who graduated in 2015 will have to pay back $35,000 according to an analysis of government data by Mark Kantrowitz, publisher at Edvisors, a group of websites about planning and paying for college. It is likely that some of these students will end up defaulting as millions of Americans are struggling to…