topic Re: Transunion error? in Student Loans

Transunion error?

Financiers — Wed, 22 Jan 2014 17:03:43 GMT

Hey everyone,

I ran a 3 credit report and came up with something surprising. All three credit agencies report the correct student loan through US DEPT OF ED/GLELSI. However transunion reports another student loan for 3,000 through UI-OSAC, which is concerning since that doesn't make sense. If I were to dispute this how would I go about doing this? The account number that's listed isn't the full number so I don't really know how I would find out more information on this. Any help is greatly appreciated.

Thanks in advance,

Re: Transunion error?

SCF — Wed, 22 Jan 2014 19:26:44 GMT

Are you sure the loan isn't yours? It is common for people to have loans through different lenders spread over several tradelines because the loans are disbursed on a semester or annual basis.

What is the payment history on the loan? If it's being paid on time and you aren't paying it, then there's a really good chance it isn't yours. I would contact the creditor and see what they have on file under your name/social. If it's a simple credit reporting error that can probably be resolved with a simple dispute, or even in your contact with the creditor. If they have a loan you didn't take out in your name though, or you have a loan out there you didn't know about that's a whole different problem to tackle.

Re: Transunion error?

Financiers — Wed, 22 Jan 2014 20:46:08 GMT

Thanks SCF,

Alot of that actually made sense. My loans are deferred until I graduate after this semester. I took another look at the report and saw that it said that it was being paid as agreed (deferred). The loan service is also through my school. However, I now feel that this loan could be mine. The only weird thing is that it would create an amount that I haven't borrowed. I'm honestly very confused and think I'll look at my records again/ call them to make sure. Thank you so much for the suggestions. I should definitely be more proactive in this.

Thanks again,