Full Version: Sallie Mae Reporting Double
I was affected slightly by the mixup with Sallie Mae and Equifax, but now they have changed it, I am showing all 3 of my loans twice on my report. Is this something that would correct itself or should I contact Sallie Mae?
This happened to me as well today. I was NOT originally affected by the Sallie Mae error(I am on a level plan) but now I have 2 Sallie MAE tradelines on my Equifax report -they are identical but have different account numbers. One account number is mine the other is not! Now it looks like I have DOUBLE the debt!!!
This really hurts because of course I now have "TOO MUCH INSTALLMENT DEBT" as a reason my score is not higher!
This really hurts because of course I now have "TOO MUCH INSTALLMENT DEBT" as a reason my score is not higher!
QUOTE(kbns62 @ May 15 2008, 10:39 AM) 
This happened to me as well today. I was NOT originally affected by the Sallie Mae error(I am on a level plan) but now I have 2 Sallie MAE tradelines on my Equifax report -they are identical but have different account numbers. One account number is mine the other is not! Now it looks like I have DOUBLE the debt!!!
This really hurts because of course I now have "TOO MUCH INSTALLMENT DEBT" as a reason my score is not higher!
This really hurts because of course I now have "TOO MUCH INSTALLMENT DEBT" as a reason my score is not higher!
The same thing happened to me. The previous mix up just added a line and that was it. Now it shows I have double the debt. I am hoping this is just a mix up and will resolve itself.
IMO you might want to call Sallie Mae so they can be aware of that problem/issue...i know sometimes consumers hope 'it will just correct itself' but the lender is not even aware of that issue..just my two cents 
I sent off an email to customer service.
me too.
BUT How many people do not check their reports and are given higher interest rates because their credit score is not higher based upon Sallie Mae's errors? This system is broken.
BUT How many people do not check their reports and are given higher interest rates because their credit score is not higher based upon Sallie Mae's errors? This system is broken.
Mine have been corrected.
I JUST went through this about a month ago... sometimes it happens with consolidating your student loans. I got it fixed, but now on EQ and TU they aren't showing ANY of my student loans, so my debt dropped by $100, 000. I won't bug them about fixing that. 
Get a copy of your credit report and put an asterisk next to the errors, add a cover letter explaining the situation, fax it, call someone two days later and they can have it fixed in about 48 hours.
I owe Sallie Mae $55, 000 in student loans, but they were reporting it twice (one at $49,000 and another at $55, 000) due to a consolidation error.
It can affect your credit when applying for mortgage because it makes you appear like you're in much more debt than you actually are.
But NOW, they're not reporting anything on two of my reports and I'm not happy about that either because the payment history was helping my credit out.
My head is hurting thinking about this.
Get a copy of your credit report and put an asterisk next to the errors, add a cover letter explaining the situation, fax it, call someone two days later and they can have it fixed in about 48 hours.
I owe Sallie Mae $55, 000 in student loans, but they were reporting it twice (one at $49,000 and another at $55, 000) due to a consolidation error.
It can affect your credit when applying for mortgage because it makes you appear like you're in much more debt than you actually are.
But NOW, they're not reporting anything on two of my reports and I'm not happy about that either because the payment history was helping my credit out.
My head is hurting thinking about this.
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