I am attempting to pay off my student loans, and I have been paying on them since Nov. its is now April, I have found out two things they will not report the new paymensts so the older payments with lates show up on my credit report. Second none of the 187.00 a month is going to principle, all is going to lates (is this ok). After they take late and service fees I owe more on the debt. I am so frustrated with this. If they arn't reporting then I could be using this money to erase other debt that does report.
I am looking for advice on how to handle this in a professional way that helps me get rid of these loans once and for all.
Starting Score: 568 Current Score: 684 Goal Score: 700