Lates reporting while in Forbearance

[eagle2869]

What is the best strategy for disputing with Sallie Mae?

 

I had 4 loans with Sallie Mae, I consolidated all the loans in March '06. Since consolidation all the loans have been paid on time.

Before consolidation all the loans were in Forbearance, Years 2004 & 2005.

I contacted Sallie Mae, they sent a letter with all the loan information and the Forbearance periods for all the loans. Short and Sweet, nothing was mentioned about the retro.

I have disputed the lates with the CRA's, they won't accept the letter as proof of documentation.

I have contacted Sallie Mae, they asked for copies of my credit report proving that they are reporting as late, and they would review it. (yeah, right!)

 

At the same time - I have duplicate loans form Sallie Mae reporting under both my SS# and the account number. CRA's list as verified, SLM says for me to prove that they are reporting under both.

 

These loans are reporting from 90-150 days late on all 4 loans and their duplicates from Aug'04 to July'05.

Do I send a letter to DOE or should I send another letter to SLM demanding removal of the duplicates and lates?

 

Does anyone have a phone number for the credit reporting department of Sallie Mae?

[Daddy]

What is the best strategy for disputing with Sallie Mae?

 

I had 4 loans with Sallie Mae, I consolidated all the loans in March '06. Since consolidation all the loans have been paid on time.

Before consolidation all the loans were in Forbearance, Years 2004 & 2005.

I contacted Sallie Mae, they sent a letter with all the loan information and the Forbearance periods for all the loans. Short and Sweet, nothing was mentioned about the retro.

I have disputed the lates with the CRA's, they won't accept the letter as proof of documentation.

I have contacted Sallie Mae, they asked for copies of my credit report proving that they are reporting as late, and they would review it. (yeah, right!)

 

At the same time - I have duplicate loans form Sallie Mae reporting under both my SS# and the account number. CRA's list as verified, SLM says for me to prove that they are reporting under both.

 

These loans are reporting from 90-150 days late on all 4 loans and their duplicates from Aug'04 to July'05.

Do I send a letter to DOE or should I send another letter to SLM demanding removal of the duplicates and lates?

 

Does anyone have a phone number for the credit reporting department of Sallie Mae?

 

Hey man, my wife had the same problem with Sallie Mae a couple of years ago. Her scores were in the low-mid 500s. They were reporting her late when she was still in school. About a year ago, they fixed it. Now, her scores are in the high 600s.

[eagle2869]

Anybody have any suggestions???!!!

[LynnInMN]

I contacted Sallie Mae, they sent a letter with all the loan information and the Forbearance periods for all the loans. Short and Sweet, nothing was mentioned about the retro.

 

 

You did a retro forebearance??

 

If so, the lates are valid. Retro forebearances has no affect on a credit report. That is why it has always been my opinion that retro forebearances are a waste of time.

[eagle2869]

All of the lates are from 2004 & 2005. I have no idea if they were retro or not. 2004 & 2005 were bad years for our family, some of the lates may be valid. I really don't remember when I applied and Sallie Mae only sent 2 of the 4 forbearance applications.

These forbearances are listed as:

 

Voluntary Forbearance 9/23/03 to 9/22/04

Verbal Forbearance 09/23/04 to 05/22/05

Voluntary Forbearance 05/23/05 to 07/22/05

Disaster Forbearance 09/23/05 to 12/22/05

 

They only have applications on the Voluntary status. Verbal was granted via phone because of hurricanes, but not listed as disaster.

 

How do I get the duplicates removed? Should I send them copies of my credit reports? Sallie Mae must have the duplicates listed in their computers to report them.