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Is this a duplicate loan? Federal student loan

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Anonymous
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Is this a duplicate loan? Federal student loan

I had a federal student loan that was in default. Without my knowlege another company purchased the loan. The new loan is now current repayment status, but the old loan shows a zero balance, TRANSFERRED TO ANOTHER LENDER, and its shows CHGOFF/DEFAULT. I know this is hurting my score, is this technically a duplicate?, any way I can get this removed? Thanks
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Anonymous
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Re: Is this a duplicate loan? Federal student loan



aerospace10 wrote:
I had a federal student loan that was in default. Without my knowlege another company purchased the loan. The new loan is now current repayment status, but the old loan shows a zero balance, TRANSFERRED TO ANOTHER LENDER, and its shows CHGOFF/DEFAULT. I know this is hurting my score, is this technically a duplicate?, any way I can get this removed? Thanks

Not a duplicate.
 
Probably not going to get removed, not at this time tho, unless you offer to pif in a PFD to the CA and they accept. You might be able to get the CA to delete once repayment plan succesfully completed.
 
An OC and a CA can both report the same account at the same time.


Message Edited by sidewinder on 03-04-2008 04:45 PM
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