I have a really complicated student loan situation, but from what I have read it could be worse.

It is such a mess I don’t even know where to start.

I officially defaulted on my SLs on 12/20/2005. They were a combination Stafford Subsidized and SLS loans. I had lost a six figure job when the bottom dropped out of the Telcom market.

On 1/08/06 (eight days after my 40^th Birthday) I had a stroke.

In mid April we refinanced our home and paid of my student loans.

When we contacted ISCA, to discuss the status of my SL, I did tell them that I had suffered a stroke and was in the process of apply for disability (which I did end up getting) and they never mentioned, rehab or discharge due to disability. But in hindsight I made the mistake of telling them that we wanted to refinance our house. I hate to insult myself, but 3 months after having a stroke saying my ABCs was an accomplishment.

I’d like to believe that it isn’t an intellect thing but more of a memory issue.


I thought my nightmare with my student loans was finally over.

Wrong…..

In December (8 months) we decided to refinance again (sounds crazy I know but our mortgage had really high interest and an ARM that scared me)

Student Loans are still reporting as unpaid (I still have dated CRA.)

About November of last year I started to learn about credit repair and have learned a lot!

I only took out 7 student loan with Sallie Mae, they are reporting 10 to TU and EF. EX seem to be correct. I have already disputed and they have been reported as accurate, and Sallie mae tried to use the disputed date to re-start my 7 year clock. So, all my SL have been disputed with all three CRA twice and EX, (3 times) I did an on-line, before I knew better. Between Sallie Mae and ISCA anytime I dispute they do their best to mess with my credit.

Most of the lates that Sallie Mae is reporting are when the National Student Loan Data System has me as being in forbearance. Sallie Mae (per the payment history they just mailed) shows me making payment while I was in forbearance. I didn’t keep the best records back then.

I have so many problems with my student loans I don’t even know direction to go.

If you have questions let me know. If something I wrote doesn’t make sense please let me know!

Any input or suggestion would be greatly appreciated

Bump

Sounds frustrating! I am just a fellow traveler through the student loan labyrinth, but I can tell you the FFEL program loans can keep reporting your negative info for seven years after the guarantor paid off the loan, or seven years after the DOE took over the loan. So unfortunately the seven years won't be counted from the date you paid in full. See the pinned reporting guidelines for this forum for those events that extend the 7-year reporting period.

But your loans should not be showing that they are unpaid. If they are showing unpaid, and calls to the DOE get you nowhere, I have had good luck with the Omsbudsman's office. I think there's a pinned post for that also. Three months after I received my settled-in-full letter from the DOE for nine Staffords, I received a call and a threatening letter from Pioneer (CA) trying to collect on the loans--for the amount that I had saved by compromising (collection fees plus 10% interest and 10% principle). It was a chunk of change, and I couldn't believe it! But it was quickly taken care of, except for the illegal hard pull Pioneer made on TU--no luck so far getting them to remove it.

Good luck, post your progress!