topic Re: SL "lates" help in General Credit Topics

SL "lates" help

Anonymous — Mon, 25 Jun 2007 16:19:55 GMT

I havent defaulted on 2 sallie mae SL's but I have some late pays on there,,,they wont give me any GW anyone have any other suggestions on how to remove the "late pays"

Re: SL "lates" help

Tuscani — Mon, 25 Jun 2007 16:35:39 GMT

SM will not delete accurate reporting. The goverment makes them report factually no matter what. I have NEVER heard of a GW letter working with SM. Sorry!

Re: SL "lates" help

Anonymous — Mon, 25 Jun 2007 17:25:09 GMT

If I were to consalidate the loans with a Private company do you think I could get them off that way?

Re: SL "lates" help

Anonymous — Mon, 25 Jun 2007 20:21:28 GMT

Nope they will be on there until they expire. Trust me I know first hand. That's why I truly think defaulting on a student loan is right next to BK in terms of it's effects.

Re: SL "lates" help

Anonymous — Mon, 25 Jun 2007 20:42:00 GMT

i have a loan through salliemae and they are attempting to work with me however its due to the fact that my payments were late while i was in military basic training. I heard back from them today after i sent in a GW letter and they asked for me to send them a copy of the credit report showing this and we will go from there. I am mailing that out and hoping that it will be enough for them to remove it, i mean i couldnt exactly make a payment with my face in the dirt getting yelled at

Message Edited by jenkins on 06-25-2007 01:42 PM

Re: SL "lates" help

fused — Mon, 25 Jun 2007 20:52:36 GMT

Boswd wrote:
Nope they will be on there until they expire. Trust me I know first hand. That's why I truly think defaulting on a student loan is right next to BK in terms of it's effects.

YES, very, very true!

Re: SL "lates" help

Tuscani — Mon, 25 Jun 2007 21:56:12 GMT

motoracer wrote:

If I were to consalidate the loans with a Private company do you think I could get them off that way?

Nope. That approach has been tried many times.