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Administrator Emeritus
Posts: 4,390
Registered: ‎03-01-2007
0

Sallie Mae Reporting Issue

Everyone --
 
Sallie Mae is aware of the recent reporting problem and is submitting corrections to Equifax this week.  Once these corrections are made the FICO scores should go back to where they were, depending of course on any changes to other accounts in the meantime.
 
I will provide updates on this situation as I receive them.
 
Hang in there.  Help is on the way!
 
Barry
In a past life I served as FICO consumer affairs manager, FICO media spokesman, and myFICO Forums community manager from 2007 to 2012. I'm now freelance writing about credit at CreditCards.com and on my own site, SpeakingOfCredit.com.
New Member
Posts: 3
Registered: ‎05-13-2008
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Re: Sallie Mae Reporting Issue

Thank you. I do hope this is the case, but it is reassuring to hear it from you. Until we see the scores actually change, I guess few of us will rest easy.
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: Sallie Mae Reporting Issue

Seeing posts about the correction already in place-
New Contributor
Posts: 53
Registered: ‎07-12-2007
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Re: Sallie Mae Reporting Issue

Problem has been fixed.  Sallie Mae just called me and assured me this will not happen again.
Administrator Emeritus
Posts: 4,390
Registered: ‎03-01-2007
0

Re: Sallie Mae Reporting Issue

It's been confirmed that the Sallie Mae data corrections have been made at Equifax and that the reports and scores should now be back to normal.  This incorrect data was only posted at Equifax, so there's no need to be concerned about any such impact to reports and scores at TransUnion and Experian.

Thanks to everyone who provided feedback here on this situation!

Barry

In a past life I served as FICO consumer affairs manager, FICO media spokesman, and myFICO Forums community manager from 2007 to 2012. I'm now freelance writing about credit at CreditCards.com and on my own site, SpeakingOfCredit.com.
Established Member
Posts: 25
Registered: ‎05-09-2008
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Re: Sallie Mae Reporting Issue

Is there a reason this isn't pinned anymore?
Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
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Re: Sallie Mae Reporting Issue



pil wrote:
Is there a reason this isn't pinned anymore?



Do you mean stickied? But it is...
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Established Member
Posts: 25
Registered: ‎05-09-2008
0

Re: Sallie Mae Reporting Issue

It wasn't when I posted :smileysurprised:

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