04-18-2013 10:33 PM
I recently applied (less than 2 days ago) online for voluntary forbearance on a PLUS loan that was getting ready to default. The loan was listed multple 180+ late on the CRAs. I havent received a response from Sallie Mae, but I just logged on to check the status. Much to my suprise, the loan is showing in Vol Forbearance status with a start date of 6/25/2012, $0 past due and a payment due of approximately $20 for fees on 7/25/2013.
The forbearance agreement from Sallie Mae was posted online with the begin/end dates of the forbearance 6/25/2012 to 6/24/2013.
Has anyone else had the experience of requesting a forbearance and having it applied retroactively w/o requesting it? Also, does this mean the delinquecies reported to the CRAs will or can be removed?
Needles to say, I am very pleased to be in a current status and I will be able to begin payments on the 7/25/2013 date for the scheduled payment amount.