topic Re: Weird AES reporting in Student Loans

Weird AES reporting

Anonymous — Tue, 09 Jun 2009 20:10:07 GMT

My wife only has one loan for $3,500 in the NSLDS, but from 11/07/08 and on, Experian is showing two distinct loans of this amount. Here is the first one, that's been there all along:

AES/KEYSTONE STAFFORD
Address:

1200 N 7TH ST

HARRISBURG, PA 17102

No phone number available
Account Number:

774XXXX33PA0....

Address Identification Number:

0626408289

Status: Refinanced,closed. Status Details:

This item was verified and updated on Oct 2008.

Date Opened:

08/2000

Reported Since:

10/2001

Date of Status:

10/2006

Last Reported:

10/2006

Type:

Installment

Terms:

111 Months

Monthly Payment:

Responsibility:

Individual

Credit Limit/Original Amount:

$3,500

High Balance:

Recent Balance:

Recent Payment:

Creditor's Statement: Account closed due to refinance.
Account History:

180 days past due as of Aug 2006

150 days past due as of Jul 2006

120 days past due as of Jun 2006

90 days past due as of May 2006, Apr 2006, Mar 2005

60 days past due as of Mar 2006, Feb 2005

The following appears to be a very derogatory duplicate:

AES/EDUCAID
Address:

1200 N 7TH ST

HARRISBURG, PA 17102

No phone number available
Account Number:

176XXXX470....

Address Identification Number:

0039593822

Status: Claim filed with government. Status Details: This account is scheduled to continue on record

until Jul 2013.

This item was verified and updated on Nov 2008.

Date Opened:

08/2000

Reported Since:

11/2001

Date of Status:

10/2006

Last Reported:

10/2006

Type:

Installment

Terms:

111 Months

Monthly Payment:

Responsibility:
Credit Limit/Original Amount:

$3,500

High Balance:

Recent Balance:

$0 as of 10/2006

Recent Payment:

$4,752

Individual

Creditor's Statement: Student loan permanently assigned to

government.

Account History:

Claim filed with the government as of Oct 2006

180 days past due as of Aug 2006

150 days past due as of Jul 2006

120 days past due as of Jun 2006

90 days past due as of May 2006, Apr 2006, Mar 2005

60 days past due as of Mar 2006, Feb 2005

Con't

Re: Weird AES reporting

Anonymous — Tue, 09 Jun 2009 20:15:36 GMT

The 176XXXX470.... loans WERE defaulted on, but these are those lines (prior to the 11/07 foul-up):

CBC/AES/EDUCAID
Address:

1200 N 7TH ST

HARRISBURG, PA 17102

No phone number available
Account Number:

176XXXX470....

Address Identification Number:

0039593822

Status: Claim filed with government/Past due 180 days. Status Details: This account is scheduled to continue on record

until Nov 2010.

Date Opened:

09/1999

Reported Since:

10/1999

Date of Status:

11/2004

Last Reported:

11/2004

Type:

Installment

Terms:

111 Months

Monthly Payment:

Responsibility:
Credit Limit/Original Amount:

$4,000

High Balance:

Recent Balance:

Recent Payment:

Individual

Creditor's Statement: Student loan permanently assigned to

government.

Account History:

Claim filed with the government as of Nov 2004

180 days as of Jun 2004 to Oct 2004

150 days as of May 2004

120 days as of Apr 2004

90 days as of Mar 2004

60 days as of Feb 2004

and

CBC/AES/EDUCAID
Address:

1200 N 7TH ST

HARRISBURG, PA 17102

No phone number available
Account Number:

176XXXX470....

Address Identification Number:

0039593822

Status: Claim filed with government/Past due 180 days. Status Details: This account is scheduled to continue on record

until Nov 2010.

Date Opened:

09/1999

Reported Since:

11/1999

Date of Status:

11/2004

Last Reported:

11/2004

Type:

Installment

Terms:

111 Months

Monthly Payment:

Responsibility:

Individual

Credit Limit/Original Amount:

$2,625

High Balance:

Recent Balance:

Recent Payment:

Creditor's Statement: Student loan permanently assigned to

government.

Account History:

Claim filed with the government as of Nov 2004

180 days as of Jun 2004 to Oct 2004

150 days as of May 2004

120 days as of Apr 2004

90 days as of Mar 2004

60 days as of Feb 2004

(These are the ones PHEAA picked up and duplicated, see my other recent thread on this board.)

How the heck did this mix up happen, and more importantly, how do I get the inaccurate TL off? EX already "verified" it. I do know I disputed several SL TLs with derogatory statuses, but they were paid. On 11/07/08, Experian updated one 176XXXX470... line and deleted one but the one that's listed is NEITHER of the original two! HELP!

Re: Weird AES reporting

Anonymous — Tue, 09 Jun 2009 20:23:51 GMT

The loans opened in 1999, the account # 176XXXX470 ones, were the ones we just finished rehabbing.

The loans with the account # 774XXXX33PA0.... were all consolidated in 9/06 to avoid default ("Account closed due to refinance.") (and then defaulted on...)

How do we get rid of this "hybrid account" that was supposedly opened in 2000 for $3500 and then defaulted on (176... account no), when that loan was NOT defaulted on but consolidated (774... account no)?

I can't believe i just figured this out, after 8 months of trying to figure out where this one loan came from...

Re: Weird AES reporting

Anonymous — Tue, 09 Jun 2009 20:36:17 GMT

TU does not have the weird tradeline, but EQ does...

Re: Weird AES reporting

Anonymous — Wed, 10 Jun 2009 18:09:35 GMT

We disputed the inaccurate lines with EX and EQ, but goofy EX, since we were LOOKING at the accurate line for some info in another window, when we disputed, the dispute ended up going on the wrong account (the one that was reporting accurately)! I hope it doesn't make things worse!

Message Edited by Mike14 on 06-10-2009 02:09 PM

Re: Weird AES reporting

Anonymous — Thu, 18 Jun 2009 21:14:17 GMT

HOORAY! A monologue thread!

Re: Weird AES reporting

LamsT — Thu, 04 Nov 2010 06:07:22 GMT

Hi Mike,

I have the EXACT same situation, have you recieved any resolution??? Am I stuck till June 2012 when this stuff SOLs?

Re: Weird AES reporting

MarineVietVet — Thu, 04 Nov 2010 06:21:05 GMT

@trphillips wrote:
Hi Mike,

I have the EXACT same situation, have you recieved any resolution??? Am I stuck till June 2012 when this stuff SOLs?

This thread is almost 18 months old so you may or may not get an answer to your question. I didn't want you to think you were being ignored if Mike14 never responded to you.

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Re: Weird AES reporting

Anonymous — Thu, 04 Nov 2010 12:11:42 GMT

As mentioned, this thread is 18 months old; in that time, the duplicate was removed, but I don't remember how. The account number contained my wife's SSN and I believe one TL was reporting under her correct SSN and one was under an incorrect SSN. As part of the rehab process, they added the correct account number and left the incorrect one too. I think once the rehab was complete, we disputed the incorrect TL again and it was removed.

You're confusing the Credit Reporting Time Period (CRTP), which is how long it can report on your credit report, and the Statute of Limitations (SOL), which how long you can be sued for. The CRPT is 7.5 years like any other negative TL; there is no SOL for student loans. With less than a year left of the CRTP, I expect AES will soon be subrogation the account, giving you a new TL. I'd start rehanging this loan ASAP if you are still in default.

Re: Weird AES reporting

britishbooklady — Thu, 11 Nov 2010 05:03:26 GMT

@Anonymous wrote:
As mentioned, this thread is 18 months old; in that time, the duplicate was removed, but I don't remember how. The account number contained my wife's SSN and I believe one TL was reporting under her correct SSN and one was under an incorrect SSN. As part of the rehab process, they added the correct account number and left the incorrect one too. I think once the rehab was complete, we disputed the incorrect TL again and it was removed.

Hi Mike14,

I am so glad I found this thread...or, more accurately, that someone else found it and replied to it bringing it back to the front page.

Anyway, who did you dispute with - AES or the CRAs - and what exactly did you say? Please give as much detail as possible, as I am in a similar situation.

I have a TL on Experian for AES EDUC FUNDING SOUTH and a TL on Equifax for AES/PHEAA. Both are for the same old defaulted SL which has since been rehabbed and picked up by a new lender (back in May).

Thanks, in advance, for any help.