04-24-2007 08:03 AM
04-24-2007 08:12 AM
Abn96B3PS wrote:Sorry if this is already posted somewhere, I searched but could not find something like my issue. So here it is; I have two accounts listed on my report that reflect a status of "charged off" or "sold", they are old and have not been reported on since 2003/4. Also, Sallie Mae is reporting eacho of my student loans 3 times. I only have 2 loans from sallie mae yet on my credit report sallie mae makes it look like I have 6 and have made seriously delinquent payments on all. Some of the loans have statuses marked "transfered to another lender" others are marked "current but was 180 days late" The questions I have for anyone who can answer:1. If I pay these two debts off will my fico score go up?2. How can I get the Sallie Mae loans to report only once for each student loan? I have disputed the error with sallie mae but for some odd reason.. their customer support reps are all from other countries and do not understand english...
04-24-2007 09:21 AM
04-24-2007 01:19 PM
Right you are. I would take this up with Sallie Mae and the new lendor.
Abn96B3PS wrote:Hmm.. a pay delete? I will try that with the two charge offs... As for Sallie Mae, I can understand them selling/buying accounts but how is it possible for them to claim my account sold or transferred to another lender and at the same report that the account is current? My student loans with sallie mae have not been sold nor transferred. Sallie Mae cannot sell a loan to itself then report the payment history as starting off delinquent; that's fraud. If the loan was transferred or sold to another lender, that lender cannot have a history on a new account?
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.