Its a rough draft any input would be appreciated, also need to figure out what to say regarding my credit report.

Here is the letter





I am writing you regarding my Direct Loans.

As you know you had consolidated the same loan twice.

Information on the first loan.

12-2003 You paid Student Loan of Idaho $10,508,
You sent them a check for $1640.53 and a voucher for the rest. Well Student Loan of Idaho applied the $1640.53 as a payment from me instead of you, and lost the voucher.

During 2003 to 2005 I made payments to you, while Student Loan of Idaho was still showing me in default and adding interest.

Then in 06-2005 Student Loan of Idaho sold my loan to Sallie Mae which in turn contacted you.

You sent me paperwork in 07-05, I thought it was paperwork updating my information come to find out it was to consolidate the loan with Sallie Mae.

You then paid Sallie Mae $11,344 and did the same as above sending them partial payment then a voucher.

So I was getting two bills from you for the same loan.


I put my loans in forebarance till we could figure out what was wrong and it took a lot of time calling you, Student Loan of Idaho, Sallie Mae and my college.

Now you have taken back the money from the first loan (Student Loan of Idaho 2003) and are making me pay on the second one. Which I do not think is fair. I should not have to pay the interest that accured on the 2005 loan.

1. I should not have to pay the $11344.00 balance I should only be responible for the $10508.00 balance, it was NOT MY FAULT Student Loan of Idaho screwed up and I SHOULD NOT be punished for it.

2. When I looked on your website on April 3 of 2008 I showed a balance on the first loan of $9987.16 that should be my balance now, instead you are using the balance from the 2005 loan and in April of 2008 it was showing $11344.08. I again SHOULD NOT have to pay on the higher loan.

3. I look again on April 23 and notice the first loan says paid in full the the second loan shows $12916.51 owing that is an increase of $1572.43 what is the reasoning for this?

4. Then I get a letter saying you had to pay Sallie Mae $249.82 more because you didnt pay them enough in 2005?

I want my balance to show $9987.16 which shows on my printout from YOUR website on 04-03-08. Also I don’t think I should have to pay the interest from 07-2005 to 04-2008 on the first loan because of this error, I have been fighting it for a long time and no one would listen to me and all I got was the run around.

Update


I just checked the Direct Loans website today (tried yesterday but it was down)

It now shows

$11344.05 instead of 12916.51 which is good but still is more then it should be.

and now there is a second line for what they paid to Sallie Mae in April

$249.82

So again I will get two bills for

11344.05 and 249.82 which both are getting interest.

They said they had to pay Sallie Mae $249.82 more in April of this year because they didnt pay enough in 07-2005?

So I need to update the letter a litte with the new amounts but this $249.82 is total crap.

I would like to get a letter sent to them asap so input would be great.

No one?