Transfer \ Sold Student Loans

[Humbled82]

Hello Credit Board

 

I am newbie to this forum, but have been lurking for a while. I had recently pulled my credit report and I am having major issues with my student loans. Apparently I have loans that have been transferred \ sold and now are with a new company. The original loan was open back in the 2000's but they are still showing on my credit report. I am not sure how I can have these removed. Any assistance would be greatly appreciated. 

 

Thank you in advance

[MarvBear]

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[SLPMd]

@Humbled82 - Are your student loans currently in default or what is the status of your student loans (even though they are with a new servicer)? 

[centex]

Are these federal or private loans? 

 

Have you ever sought to enter a rehab program (which, upon completion, eliminates the lates and makes consolidation easier)?

 

If these are federal, you have more concerns than just the credit report.  Your tax returns are at stake, as would be professional licensure and, in some instances, even the ability to purchase a home using federal loan programs.

[Humbled82]

Hi SLPMd and Centex

Thank your for the reply back. These are federal student loans and they were in default. So far as rehab, I am not sure what that is. Can you provide me with any information on rehabbing student loans? Below is a little more information on those accounts:

Original Creditor: US DEPARTMENT OF EDU AFSA

Date of Last Activity: 4/1/2012
Balance: $0
Status: "Pays as Agreed"

New Creditor: US DEPARTMENT OF EDUCATION

 

Please let me know if you may need any more additional information to help with my request. 

Thank you again

[morehelp]

Believe me, I know the student loan woes but there are options.

 

Who holds the loans now?

 

From the 2000's these could have been FFEL loans. Since you've never rehabbed them, that option should be on the table. You need to contact the current servicer and request it. If they are difficult, then contact the Dept of ED ombudsman for guidance. 

 

As Centex said--you need to get these out of default now.