topic Re: Never received notice from Sallie Mae in Student Loans

Never received notice from Sallie Mae

Anonymous — Wed, 22 Apr 2009 23:15:46 GMT

After graduation I never had an exit interview and never received notices from Sallie Mae. I have 13 student loans thru them. I started receiving monthly notices from a company (which I previously thought was solicitations) informing me that my loans were close to default. My loans are now in forbearance and I am working on consolidating them. My credit has always been squeaky clean and I have 12 years of established credit. So now my credit report shows of 13/15 loans with 120 days late. My score is now low 500. How long will it take to even have a decent credit score again?

Re: Never received notice from Sallie Mae

LynnInMN — Thu, 23 Apr 2009 13:05:06 GMT

It takes 7 years for the lates to drop off.

Re: Never received notice from Sallie Mae

BungalowMo — Sun, 26 Apr 2009 00:20:59 GMT

What's the DOFD on those loans?

I have a special name for Sallie.....

Re: Never received notice from Sallie Mae

LynnInMN — Mon, 27 Apr 2009 11:30:23 GMT

DOFD has no bearing with defaulted student loans...everything is based off the defaut or claim paid date.