turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Hello all! I had paid AHEAD of time on my student loans. In other words, I sent in a lump sum to cover 3 months of installments along with a letter instructing the consolidation company to apply it to the next 3 months. Suddenly, I had a 90 days over due alert on my credit report and it lowered by FICO score. I wrote to my congressional rep, wrote to the company over 9 letters, called their general counsel, contacted the president of the company, contacted the larger company that owns the loan company, and even contacted the US Board of Education. No one would would help. Keep in mind, I even included a COPY OF THE LETTER INSTRUCTING THEM TO APPLY THE PAYMENT TO THE 3 MONTHS. THEY CLAIMED I NEVER SENT IT. The last response I received from the loan company said, "we considered this matter resolved. Any follow up letters from you will go unanswered. You were overdue and have no argument." Any suggestions? It's ridiculous! Thanks! 
SG
SG
Yeah... Dont ever do that again!!!! Went you send in a lump sum they are going to take it as one payment. Not to sure about student loans but on mortgages I'm 100 percent sure that they will just take that as one big payment.After you sent the letter did you follow up or even call the company? If you did Im pretty sure that you would of caught it.And... Wecome!lysistara wrote:
Any suggestions?
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO
FOLLOW US 
SUBSCRIBE TO myFICO EMAIL 