09-25-2015 09:40 PM
I talked to Nelnet Thursday, and the CSR made it sound like it was going to be approved, i don't know if that;s the norm, and they tell them to say that.
On another note, my Navient loans keep increasing, which are the only loans I have, are through Navient, what should I do? I was told they aren't supposed to ask or increase my loans, also is it true that if Approved, they discharge everything owed on the loan, not just principal balance?
09-26-2015 03:51 AM
I talked to Nelnet Thursday, and the CSR made it sound like it was going to be approved, i don't know if that;s the norm, and they tell them to say that. They would never tell me anything like that. I was fairly sure that it would be, but they wouldn't say either way.
On another note, my Navient loans keep increasing, which are the only loans I have, are through Navient, what should I do? I was told they aren't supposed to ask or increase my loans, also is it true that if Approved, they discharge everything owed on the loan, not just principal balance? How do you mean 'they keep increasing'? Do you mean weekly, monthly..? by very much? Interest was always added to mine at the end of the year. When my discharge was approved, I logged into my online account and saw that the principal amount had been subtracted and all that was left was the interest. I called them and they said it just takes a little longer before that clears, but no, I didn't have to pay it.
10-17-2015 05:15 PM
Well, as predicted by Maidendance, my scores fell. Additionally, the now paid student loans are not reporting on my CRs as "student loan permanently assigned to the government" AND " Account transferred or sold Student loan Variable/Adjustable rate" and "Paid Loan". Amongst other reasons. So, instead of this helping, it is hurting my scores. One loan reports paid and closed.
Anyone else have this problem once the loans were transferred back to Nelnet and Paid? Can someone please pm me any contact information, or guidance as to what I should do next. I was afraid that this may happen after Maidendance giving their experience. Apparently, the now paid student loans are as damaging to credit, than prior to the TPD. Would appreciate contact info for fico, and NCHER, and whoever else I need to contact. Any and all leads greatly appreciated. This was a TPD signed by a physician.
i really need help. Thank you all.
10-20-2015 06:15 AM
As of 10/19/15 which is today my TPD has been approved, sent in and they received it on September 11th, 2015, so a little over a month, not bad, thanks to all for the help.
12-03-2015 06:10 AM
Hey everyone, question for those who fgot the TPD Approved, and had loans through Navient, how long did it take for them to transfer them to Nelnet to be discharged, and also does Navient get any money, how does this work? Who ends up getting paid, if Nelnet pays the loans off? If Navient does get the money why don't they transfer them right away or within a few weeks, it's been enarly 2 months since I was approved. Getting annoying.
02-03-2016 09:05 PM
Very happy to report that today, the 3rd of Februrary, I received my letter saying my loans have been discharged.
Took from 10/19/15 to 1/25/16 for them to discharged, now I have the 3 years period.
And hopefully my credit score finally goes back up to where it used to be.
02-04-2016 11:30 AM
My student loans were discharged in the 1990's for disability. I was in college from 1981-1983. Recently, I received a collection notice from a creditor on behalf of U of Miami for an NDSL loan which should have been discharged - AND this is over 30 years later. My question is whether this is legal? My comment is even if your loans get discharged, they can STILL come back to haunt you 30+ years later. "That ain't right".
It's like someone got wind that I'm trying to rebuild my life and they want to tear me back down again.
Second note,my loans were discharged over the phone 30 years ago. I'm sure they sent paperwork, but not sure where it is. I know this sounds irresponsible and it is, but it is also 30 years later and I was on disability for a reason after all. Get and keep your paperwork (apparently forever) if you get the loans discharged.
02-04-2016 11:37 AM
That is absolutely horrible and shameful~! I can't believe we could treat our veterans that way!
Thank you for your service
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.