mike262

Thanks for your quick help! It's kind of confusing. Originally, The two loans were Sallie Mae which started reporting in Aug of 2006 until Sept of 2007. I graduated in June of 2007 so Sept is when I consolidated and started paying them. The XLS picks up in Oct of 2007 and goes until Feb of 2011. The most recent late is 90 in Dec of 2010 on both accounts. I know this is a long account but there are three 180 days in 2009 and the first late reported is Dec of 2007. I think it is a good idea to request my payment history with AES. I'm curious if they will only provide their trade lines from Mar 2011 to present. thanks again!

Hello everyone and thank you for taking the time to read this. I'm new to posting but old to reading. Usually I can just search for the answers I am looking for. I have 2 Student Loan accounts reported on EX from Xpress Loan Servicing (XLS). There are a bunch of lates sprinkled all over the total reporting. XLS has since gone out of business and transferred all their accounts to American Education Services (AES). AES is now reporting their own lines for the two loans. I attempted to dispute the lates with XLS but the letter was returned undelivered. I then disputed them with all three CRAs. TU and EQ responded with deletes of both the accounts and EX updated. I responded to EX with a letter explaining XLS's non existence and inquired as to how they validated from them. I received a basic response that told me nothing. I then called and after two supervisors they provided me with the phone number and address for AES and said they validated through them as the accounts were transferred to them. This seems very wrong to me but I am not sure specifically how. How can a company that was not responsible for these accounts at the time of the alleged late payments validate them? How can they validate a trade line for a company that is currently out of business? AES is reporting their own trade lines, they have not taken up XLS's lines. Something seems wrong or even illegal here but I have not found any case law to support this feeling. Anyone have any experience with a situation like this? FYI: Never been late with AES, both loans total about 30k together, never in default or collections.

Thank you very much for your response. I sent the CA another letter certified and return recipt a few days ago to the address listed at their corporate headquarters. (I am a P.I. so I usually do public records searches all day) The tracking says it was delivered. I am going to await a response from that letter for about a week. If not then I will send the above letter to the CRA that have listed the collection. Good game plan?

Further Question: I got the letter the I sent to the CA (Certified Mail...front of the envlope now looks like a scrap book of stickers) back as an unknown address can not be delivered. This is the EXACT address I got for them off the credit reports. Are they able to use a fake address with the credit reporting agencies? The CRA responded with a letter saying that the results of the investigation indicate the debt is mine. Also the CA is Bay Area Credit Service, they are incorporated in a few states so I do not think its a small operation. They still call at least 4- 7 times a day. What is my next step?

I sent out the recomended letters yesterday and will be awaiting a response. I decided to answer one of their phone calls today and when I told "James" The call would be recorded he said he would not authorize that to which I said goodbye and hung up. Thank you for your help so far!!!!!!

Greetings All; I am new to the boards here. I have been reading over a lot of the information posted her but I have not found an issue that pertains to my situation. Here it goes. About five years ago (sept 2003) I was involved in an accident at my university on school grounds in CT. They took me to the hospital, I provided them with my current insurance coverage and never heard anything else. Now five years later I have been getting calls from a collection agency claiming they are trying to collect the fee for the amublance ride. They only time I sopke to them was the first time they called to see who was calling me. I checked my credit reports and the CA and the debt is listed. I have never recieved a letter or anything else from them except the 4 phone calls a day. what should my next step be?