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Hey guys I'm new to the board, looking for some insight here. So I have a student loan through US Dept of Ed that went to collections during my time of unemployment. I have since took an offer to pay $100 a month for 10 months then take back over my loan. In return they would delete all the bad months of me not paying and show that all is good. Well They have it posted on my credit report as being paid as aggreed since Nov. of '08. There is a Direct Loans acct showing the same thing, which is what they promised to do. The problem is it's still showing 3 other accounts from before the aggreement. One is showing six(6) 180 days past due and a 150 day past due and 2 other entries where it went to collections. The fact that I have one account from the Dept of Ed and one from Direct Loans is perfectly normal. It's the fact of having the 3 old ones on there that are confusing, like they did half of the aggreement. Any suggections or insight would be appreciated. Thanks in advance
Welcome to the forums!
Sorry no one has come along to help you out yet. Student Loans is a pretty slow board, not much traffic around here. Too many unique situations, I guess!
(I didn't answer your post myself because I honestly didn't understand the situation...I hope someone else can offer you some advice!)
I'm glad you found an answer!
Basically yeah thats exactly what they did. I have like 6 different accounts with Direct Loans however they applied my payment to only one of my accounts. I caught that myself. so next time I have to specify exactly how the payments go. You have to specify.