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Valued Member
motoracer
Posts: 158
Registered: ‎06-15-2007

SL "lates" help

I havent defaulted on 2 sallie mae SL's but I have some late pays on there,,,they wont give me any GW anyone have any other suggestions on how to remove the "late pays"
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: SL "lates" help

SM will not delete accurate reporting. The goverment makes them report factually no matter what. I have NEVER heard of a GW letter working with SM. Sorry!
Valued Member
motoracer
Posts: 158
Registered: ‎06-15-2007

Re: SL "lates" help

If I were to consalidate the loans with a Private company do you think I could get them off that way?
Valued Contributor
Boswd
Posts: 1,065
Registered: ‎04-26-2007

Re: SL "lates" help

Nope they will be on there until they expire.  Trust me I know first hand.     That's why I truly think defaulting on a student loan is right next to BK in terms of it's effects.
Frequent Contributor
jenkins
Posts: 278
Registered: ‎04-29-2007

Re: SL "lates" help

[ Edited ]
i have a loan through salliemae and they are attempting to work with me however its due to the fact that my payments were late while i was in military basic training.  I heard back from them today after i sent in a GW letter and they asked for me to send them a copy of the credit report showing this and we will go from there.  I am mailing that out and hoping that it will be enough for them to remove it, i mean i couldnt exactly make a payment with my face in the dirt getting yelled at :smileysad:
 
 
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Message Edited by jenkins on 06-25-2007 01:42 PM

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Moderator Emeritus
fused
Posts: 16,243
Registered: ‎03-12-2007

Re: SL "lates" help



Boswd wrote:
Nope they will be on there until they expire.  Trust me I know first hand.     That's why I truly think defaulting on a student loan is right next to BK in terms of it's effects.


YES, very, very true!:smileymad:
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: SL "lates" help



motoracer wrote:
If I were to consalidate the loans with a Private company do you think I could get them off that way?



Nope. That approach has been tried many times.

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