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Valued Member
ALD22
Posts: 34
Registered: ‎10-02-2012

How do I clear up my student loans

I guess I'm just going to copy and paste my student loan data from my EX report. I got into trouble with student loans after attending a very expensive Tech school. I have about 26K total. I've had them in forberance for several years, but will start making payments again now. Is there anything I can do to get the 120 and 180 day lates off? and what does this mean?:

 "By Oct 2018, this account is scheduled to go

to a positive status"

 

SALLIE MAE

 

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

11/2002

Reported Since:

11/2002

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$2,625

High Balance:

NA

Recent Balance:

$2,907 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Jul 2008 to Jan 2009, May

2006

150 days past due as of Mar 2012, Jun 2008, Apr 2006

120 days past due as of Feb 2012, May 2008, Mar 2006

90 days past due as of Jan 2012, Apr 2008, Feb 2006

 

 

SALLIE MAE

Status:

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

05/2003

Reported Since:

05/2003

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$3,500

High Balance:

NA

Recent Balance:

$3,876 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Jul 2008 to Jan 2009, May

2006

150 days past due as of Mar 2012, Jun 2008, Apr 2006

120 days past due as of Feb 2012, May 2008, Mar 2006

90 days past due as of Jan 2012, Apr 2008, Feb 2006

 

SALLIE MAE

 

Status:

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

01/2004

Reported Since:

01/2004

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$3,667

High Balance:

NA

Recent Balance:

$590 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Jul 2008 to Jan 2009, May

2006

150 days past due as of Mar 2012, Jun 2008, Apr 2006

120 days past due as of Feb 2012, May 2008, Mar 2006

90 days past due as of Jan 2012, Apr 2008, Feb 2006

 

SALLIE MAE

 

Status:

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

01/2007

Reported Since:

01/2007

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$2,625

High Balance:

NA

Recent Balance:

$3,162 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Oct 2008 to Jan 2009

150 days past due as of Mar 2012, Sep 2008

120 days past due as of Feb 2012, Aug 2008

90 days past due as of Jan 2012, Jul 2008

 

SALLIE MAE

Status:

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

01/2007

Reported Since:

01/2007

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$4,000

High Balance:

NA

Recent Balance:

$5,101 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Oct 2008 to Jan 2009

150 days past due as of Mar 2012, Sep 2008

120 days past due as of Feb 2012, Aug 2008

90 days past due as of Jan 2012, Jul 2008

 

SALLIE MAE

Status:

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

04/2007

Reported Since:

04/2007

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$3,500

High Balance:

NA

Recent Balance:

$4,227 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Oct 2008 to Jan 2009

150 days past due as of Mar 2012, Sep 2008

120 days past due as of Feb 2012, Aug 2008

90 days past due as of Jan 2012, Jul 2008

SALLIE MAE

Status:

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

04/2007

Reported Since:

04/2007

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$4,000

High Balance:

NA

Recent Balance:

$5,162 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Oct 2008 to Jan 2009

150 days past due as of Mar 2012, Sep 2008

120 days past due as of Feb 2012, Aug 2008

90 days past due as of Jan 2012, Jul 2008

SALLIE MAE

Status:

Open. Deferred, payments begin Dec 2012. Status Details: By Oct 2018, this account is scheduled to go

to a positive status.

Date Opened:

09/2007

Reported Since:

08/2007

Date of Status:

08/2012

Last Reported:

08/2012

Type:

Education

Terms:

120 Months

Monthly Payment:

$0

Responsibility:

Individual

Credit Limit/Original Amount:

$1,000

High Balance:

NA

Recent Balance:

$1,268 as of 08/2012

Recent Payment:

$0

Payment History:

Account History:

180 days past due as of Apr 2012, Oct 2008 to Jan 2009

150 days past due as of Mar 2012, Sep 2008

120 days past due as of Feb 2012, Aug 2008

90 days past due as of Jan 2012, Jul 2008

 

Established Contributor
bahbahd
Posts: 729
Registered: ‎08-12-2011

Re: How do I clear up my student loans

[ Edited ]

Account will go back into positive status after 7 years since that is when the late payments will fall off due to age. The accounts will still be open. 

 

You can call SM and ask if they will trade some forbearance for removing the recent lates. If you pay first, they probably won't apply the forbearance. You could just start paying and send GW letters.


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