03-19-2012 08:12 AM
I sent a direct dispute last week to Sallie Mae about the 90 day late in 2007, and the 90 day late in 2008. (No 30's or 60's). I asked to validate I was late or delete. (Wriitten before, disputed before, all came back verified).
I get an email today that says: "Your Credit Documentation document(s) for your loan(s) was received today, and we'll update your account within (5) business days. You can monitor the status of your loan(s) by logging into your account at Sallie Mae.
(My biggest fear is that they will add 30 and 60 day lates to the situation and make it much worse). They could delete them all entirely, which would suck, as there are quite a few of them.
I've been scared to try to fix this one - During those years I was in deferrment, loans paid and closed since 2009. Someone here told me that they don't report lates until 60 days, so I was "lucky" to get just the 90's.
I just called them and the CSR said that he couldn't see any loans in my account as they are closed. He told me that even if I did log on, I wouldn't see anything. He ws no help. He wouldn't give me a department to call or anything.
QUESTION IS: Anyone have a clue what this is going to mean?
03-19-2012 08:18 AM
03-19-2012 09:23 AM
Not yet. I just sent the fax to them last Wed and Fri I got this email response. Thanks for your help!
03-19-2012 10:24 AM
03-19-2012 10:27 AM
Ech, no. That's what you guys are for!
As you may know, many of us cannot sit tight. (I know ultimately this is what I have to do --- but maybe someone else here has gotten the same email and can fill me in).
03-19-2012 10:52 AM
BOONER call back CRA's when you verify who you are say Im calling about the 30 day late on slly mae account yes they sent letter saying late would be removed and just ask is it removed yet having trouble logging on if they say yes ask if tradeline is still there if it was on TU try them first usually they just give you the verbal info and that should quell your itch.YES?
03-19-2012 11:19 AM
From what I have heard from friends and other people on this forum is that Sally Mae doesn't report you late until you get to 90 days or more.... That's probably why you don't have a 30 or a 60 (thank GOD i never got to 90 days... I hit close a few times! PHEW!)
I am not sure what it means but I am definitely interested in finding out!
Keeping my fingers crossed for you!
03-19-2012 11:59 AM
Good idea about calling the CRA's. They all have told me info that I wanted in the past. EX is usually the fastest so I might give them a ring. I know EQ hasn't gotten the info - and it could take weeks for anything to happen since even if they deal with it in 5 working days............
Boy, my gut feeling is saying they are going to delete the accounts. But I always said, I'd rather have a clean CR w/ short history than dirty and long.
03-19-2012 12:08 PM
03-20-2012 02:28 PM
What the email meant is that they will remove the dispute comment. There wasn't a dispute comment. Idiots.
Looks like I'm livin w/ the lates. Oh well. Gave this one all I had.
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