ok so heres a rundown-
I have 3 sallie mae loans
2 are federal and 1 is private
The private loan was charged off May 2002 and is no longer appearing on my reports
The 2 federal loans I rehabbed and completed the rehab
I made 1 payment to Sallie Mae for $85 and before the payment even posted
Direct Loans paid Sallie Mae off so now I have a -85 balance with them for the 2 Federal Loans
that direct loans paid off.
Sallie Mae is saying they are going to take that 85 and put it towards the private loan I still have outstanding with them.
Now my question is will this renew my DOLA and screw me?
I specifically said when doing the online payment that it should go to the Federal Loans.
Any advice would be appreciated
thanks
