Sallie Mae - Grad Choice 2 Repayment

[TXturnaround]

If you have a Sallie Mae Grad Choice 2 Repayment plan, effective 4/1/08 it now shows on your credit report as "arrangement made with creditor grantor to make partial payments".  I had been on that plan since June 2006 and now they are reporting it differently to CRA's.  I got a credit score alert today because of this.  My credit score went down 50 points.     

[haulingthescoreup]

Please see the stickied message at the top of the forums. It has a link to a thread with a bunch of discussion on this. SM is supposed to be fixing it, but you'll probably need to do some follow-up.