slaynie

Yeah, that is the goal! During training (and subsequent retraining) I usually give examples like this: "If that's credit, I'll just need to check the signature on the back" And then if not signed or "See ID" "Oops, your card isn't signed, do you have ID with you?"

Thanks for the response! That makes total sense, and it seems like my company is doing well (as far as I know) because the only times we ask to see ID are when it's in the 'exception' of not having a signature on the back of the card.

Well at least at my store, people who have signed their card have absolutely no problem. But the 25% (totally made up that number, but it wouldn't suprise me if it's close) who don't sign their cards? Most cards that I have seen say something to the effect of 'not valid unless signed'. We basically have two options: ask for ID to visually verify, or refuse the customer's transaction.

So, can you give me a quick explanation (or link) on what the issue is with showing ID? I work in retail, and we seem to have three basic types of card users. Those who don't care about being asked, those who are offended by being asked, and those who want to be asked and write "see ID" on their card. No matter what we do, someone's not going to be happy. It's that way for a lot of things in the service industry, but if we can minimize the problems, it certainly does help.

I speed read, and didn't pick this up. There is 99% of your problem. If the loan does get done, it is a risky loan based on the collateral, and will be priced accordingly. I apologize for not seeing this sooner. Last time I was car shopping (December 2011) that's the exact reason I couldn't get the car I wanted. It was a couple years too old, but with very low mileage and hadn't been subjected to harsh winters. I'm pretty sure it was a Civic and would have lasted many many more years. Instead I had to go with a newer car, more miles, slightly worse shape. They salesman said that it wasn't likely any bank would approve a loan for the other car, despite it being the better option.

This is amazing! Similar to what I'm starting with now, so it gives me hope that I do something similar myself!

I don't have any words of wisdom, but this exact same thing just happened to me. I disputed online with equifax on a collection account and got the 'results' of needing to contact the company holding the debt. Two days later, and they email me again saying the dispute is completed again. I figured they had updated it in some way, but no, the report is exactly the same. Nothing that didn't already show up on my credit report. So I'm interested in any responses!

Ok, I think that makes sense now! The oldest sallie mae loans have no '81 month history' so that is probably how a few of the others will look about a year from now when they hit 7.5 years. These are still showing up in the 'negative' area though, despite saying they have no balance and they are paid. Do I just have to live with that showing up or will they actually be deleted entirely at some point down the line? I know the older the credit line the less it effects my score, but it just looks horrible the way it is. Some of the individual lines are from $100-$600 and they are all reporting separately. I have just started the rehabilitation process on these with the current place holding the debt. I have read a lot and will work on getting the other issues fixed (old credit card charge off, 3 year medical bill, and some mystery debt) but the student loans are just bothering me a lot.

Yes, but what date does that start from? The date it was issued? The date it was first late? The date it was sent to the department of education? All of those dates are quite different. All 11 negatives are for the same handful of original loans, they just keep transferring around with all sorts of diferent dates.

Hello! I started some research yesterday and came across this place. It seems quite helpful, and I'm hoping someone can help answer a few questions for me about how my student loans are reporting. So, First I have four Sallie Mae loans originating on 9/1/2001, 10/1/2004, 10/1/2004, and 3/1/2005. These are all reporting as "Pays as agreed" with a balance of $0, but also show a late payment of 90 days. It appears that they were sold or transfered to U S DEPARTMENT OF EDU AFSA on 3/1/2007 . Now, those were all sold to US DEPARTMENT OF EDUCATION (diferent address). Only those last two loans have any amount due, the rest all say balance $0. So my questions are, should the old Sallie Mae loans drop off my reports after March of 2014? That will be 7 years from the time they were transferred and closed. Is there anything else that can be done to try and repair this reporting? I have just started maying payments to rehabilitate the two active loans where they currently are. One is only $154 and the other is $7517, but they are not reporting payments yet. I have four other issues on my report, but the student loans created 11 negative reports. Thanks for any help or advise you might be able to toss my way!