Negotiation Letters Will NOT Work On Student Loans

Student loan creditors such as Nelnet are required by law to report accurate information to credit agencies.

This makes dealing with late or defaulted student loans much different than other accounts.

Basically, regardless of if you have consolidated, or even undergone a rehab program, the record will remain on your credit report for 7 years.

Most other accounts CAN be negotiated

…if you go about it the correct way. I wrote about the best way to negotiate charge offs, late payments, and collections in this article about removing negative credit report entries.


  1. Avatar Lynn November 23, 2007
  2. Ryan Greeley Ryan November 23, 2007
  3. Avatar Lynn November 23, 2007
  4. Avatar MerrY May 16, 2009
  5. Avatar CreditMaster June 9, 2009
  6. Avatar David June 11, 2009
  7. Avatar Interested December 6, 2009
  8. Avatar April 17, 2010
  9. Avatar Joe Leone June 24, 2010

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