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.
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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.