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Full Version: Lates on a student loan
CreditBoards > Financing > Student Loans
seanc85
I have a consolidated loan with Sallie Mae, it is now current

reporting as 150+days late now, which was accurate
I called recently after realizing my loan was not defferred (they sent a letter "pay 11k now"!), I called

end result, im am current as of aug as long as I pay the $150 in fees, which i've done
Great!
So this is still 120+/150+ late on all cr's but i got a ltter today from SM
Summary:
recently disscussed forbearance, "voluntary forbearance has been applied to your account", confirmed by this notice
forbearance 10mo beginning 9/25/07 (retroactive)

it gets even more boring from that point on smile.gif

but from my interpretation of what little i know, i'm current now right?
LynnInMN
Nope. Retroactive forebearances only apply to the paymnets, not the credit reporting.
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