Sallie Mae

[Anonymous]

Hi everyone, Im hoping I can get some advice here. I have a Sallie Mae educational loan from 07/05 that it charged off. it says that they have written it off as a loss and what not and I am not sure if I should just leave it alone or if there is anything I should do. I am currently in college so it might be a possibility to defer, not sure since it is CO though. The last balance the loan had was some like $26000 which I cant even pretend I would be able make payments for. At the time of the loan I was living with my parents and my uncle and I took the loan together. Any advice on what, if anything, I can or should do about this? Thank you

[BungalowMo]

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@Anonymous wrote:
Hi everyone, Im hoping I can get some advice here.

I have a Sallie Mae educational loan from 07/05 that it charged off. it says that they have written it off as a loss and what not and I am not sure if I should just leave it alone or if there is anything I should do.

Did you ever pay anything on it?

I am currently in college so it might be a possibility to defer, not sure since it is CO though.

Defer what?  The loan is co'd...defaulted.  How did you get a loan for college now with Sallie being so recent?

The last balance the loan had was some like $26000 which I cant even pretend I would be able make payments for.

What was the original loan amount?

At the time of the loan I was living with my parents and my uncle and I took the loan together.

Was your uncle a co-signer?  You do realize that your uncle's credit will show this too.

Any advice on what, if anything, I can or should do about this? Thank you

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