Navient student loans (private) lates

We are trying to get approved for a mortgage and we were denied due to my husbands private student loans showing late up to 120 days. The reason this happened is because my husband put a deferment in for his student loans, but they only deferred his government loans, not private. He is current at this time, but late status shows on our credit report through January 2015. Will navient remove the lates if requested? Could we pay off the smaller loans and request a positive credit reporting in exchange? I don't know what to do and I don't want to mess our score up anymore than it currently is. Any advice would be great. It shows as: August 60 days late, September 90 days late, Oct, Nov, Dec 120 days late and now it's current again. That has been the only late payments we've had on all of our lines of credit and it was from a mistake.

ausomex2 wrote:
Great new! My husband called Navient this morning and explained the situation. Since he has always had a good payment record with them they told him to send in a goodwill letter and overnight it to the person he talked to. They said they will try and get it removed from his reports before April 1st. I'm so happy, but will feel the most relieved when I see the credit report changes. :-) A big victory for us. It looks like this mortgage thing might work out afterall.I was in a similar situation and they removed my lates too! It was like 84 lates but they were from 2 years ago. My credit report was updated within 48 hours. They make the changes very fast.

Similar Messages

Student Loan Lates and Credit Cards

I tried goodwill letters and emails but really got nowhere. I would get answers back that the loans are reporting accurately (which they are). I read on the Student Loan forum that people were having some recent luck with Nelnet so I might try again. It's been about 12 months since my last go at getting lates removed. And I totally agree with you. I love that I'm at a place where I can just relax and let the lates age. If I hadn't read all the posts here I never would have been able to get this far. I found that student loan baddies are some of the hardest to get rid of. At times I wished my mistakes were collections that I could have PFD'd. At one point I had 3 open Cap 1 cards but as I started to get more approvals I closed the lower limit tradelines and stuck with the QS1 and watched it grow. It started with a limit of $1000 and was all auto CLIs. I even got the annual fee removed permanently back in 2013. A Cap1 starter was so helpful in this process and also enabled me to avoid the super predatory lenders like First Premier.

I wanted to share a bit about my rebuild story that hopefully will shed some light on the effect of student loan baddies and obtaining credit cards and auto loans. In 2011, I had 4 student loan tradelines that all had multiple lates. Many even had a few 120+ late notations. In the summer of 2011, I took finally took control and responsibility for the mistakes and worked hard to get the loans current. Only one loan was eligible for the rehab program, so I did that. The others I made additional payments until they were brought current and then started making the regular monthly payment, on-time, every month. Despite completing the rehab program and having the default removed, the lates remained and my credit score only increased by about 30 points. I was literally stuck in the low 600s and the countless goodwill letters to Nelnet got me nowhere. Despite the low score and remining lates on my report, I was able to rebuild fairly successfully. I did it the fairly typical way, started with secured cards, as those aged I applied for unsecured cards from Cap 1 and then edged my way into better lenders like AMEX and Chase. Despite the growth of positive history and positive tradelines my score barely moved. I hovered around 660 for years. What I wanted to share was that EVERY card in my signature below was obtained while my score was between 650 and 680. I got prime cards with decent limits despite 20+ lates showing. I also financed a new car through Chase with a 2.39% APR for 60 months in December 2013. I know my scores will never be stellar until the lates finally start to fall off, but I'm thankful that lenders started to give me a chance despite my relatively low score.

Cosigning Student Loans - Learn From My Mistakes - Please Read

I have gone through a nightmare due to a student loan that I co-signed on, and I am creating this post in the hopes that you will learn from my mistakes. Please pass this post on to anyone who you think would benefit, and hopefully save them a lot of heartache and anxiety. My post is lengthy, but please be patient and read it, it could literally save your financial life.Briefly here is my situation: I am the co-signer on a $60K Sallie Mae private student loan where the primary borrower has defaulted on me, meaning they have told me they cannot pay a dime, have no intention of changing their lifestyle to do so, and will not tell me when, if ever, they will make good on this. Meanwhile, as the guarantor of the loan, I have been subjected to the full force of SM collection agency practices, and forced to face the music while the primary person on this loan can blissfully ignore the situation as if it was not happening. After multiple weeks of heartache, anxiety and worry over my financial future, I found in the fine print that if I make 24 consecutive on-time payments, then I am off the hook. I verified this with SM and am now 6 months into paying this off. As long as nothing unexpected occurs, I am looking forward to being off the hook in 18 months, having learned an expensive but not life altering lesson, as I was originally facing. Now let me go into some lessons, please pass these on to anyone you think would benefit - let's make this post the most widely read one on FICO forums, this is so important. And now my hard lessons learned:Lesson #1: DO NOT COSIGN A STUDENT LOAN: especially private student loans which carry higher interest rates. When you cosign a loan, you are the guarantor: you are putting your good credit profile on the line and telling the loan agency that you are responsible if anything ever happens with the primary borrower and they are unable to pay. All the obligations are on your shoulders, in fact, in many ways you are more responsible than the primary borrower, and this is how the loan and collection agencies will treat you. If you think: that's just the fine print, that will never happen, think again. It happens all the time, are you willing and able to take on this burden if you have to? Possibilities become reality, and this is a reality you do not want to be a part of, trust me on this. If you want to help someone, find other ways to do it outside of the system. Loan them the money as an individual, or pay their rent or expenses, that way, if problems arise, you don't have to get credit agencies, loan agencies, and collections agencies involved. If you are a parent and want to help your child, see Lesson #2.Lesson #2: LOAN ONLY WHAT YOU CAN LOSE: Every rule has exceptions, so the exception to Lesson #1 is this: only cosign on a loan if you are absolutely willing and able to pay off the full loan obligation. When you cosign you are lending your good name and credit profile, and you are effectively loaning money that you will have to pay back if the primary borrower defaults. In other words, never loan more than you are willing to lose, and therefore never cosign for more than you are willing to lose. And be willing to accept that the fact that your relationship with the primary borrower may be permanently damaged if you are forced to step in and cover their obligations.Lesson #3: LOANS GROW: I cannot emphasize this point enough, it really burned me: I did not co-sign a loan for 60K, I co-signed for 45K, and without my knowledge the primary borrower capitalized the interest during the first 18 months of the loan, which they were allowed to do, but it caused the loan to grow by 33%. So when it came time to guarantee the loan, I was on the hook for 60K, which I had never originally agreed to.Lesson #4: SALLIE MAE DOES NOT CARE: And why should they? This is business. As co-signer, you are the guarantor of the loan, you have to make good on the obligation when the primary borrower defaults. In fact, as guarantor, the loan and collection agencies will go after you harder than the primary borrower. Do you have a good credit and collateral, such as a house? Well this binds your obligation even more tightly. When loan and collections agencies see that you have the wherewithal to pay, they will not let you off the hook. And they don't care if paying off their loan puts you on the street. This is business and you have to pay up. Understand this black and white reality before you co-sign a loan. Lesson #5: DON’T DELAY PAYMENTS: Forbearance and deferments are often mentioned as options for helping out on loan obligations, but do not fall into this trap: they make a bad loan situation worse, they don't help. Deferment does not prevent interest from accumulating: you'll just have a bigger loan to pay when the deferment ends. Student loans typically give you a deferment grace period, usually 6 months, before you have to start paying back the loan. Most of us have to use this initial grace period, but please avoid it if you can, it just makes your loan grow larger. Forbearance is another method of delay, but it requires you to make the loan current before the loan agency can talk to you. In other words, you have to be paid up on what you currently owe before the loan agency will talk to you about forbearance. Think about this Catch-22: you can't pay your current loan obligations, so you ask the loan agency for help. The loan agency won't talk to you until you make the loan current. Never use deferment or forbearance, they make your bad situation worse. Lesson #6: NO LEGAL RECOURSE: Student loan debt is not dischargeable in bankruptcy court proceedings, it is debt that you will carry for life until it is paid off, regardless of what happens to you. And don't assume that the loan agency will only take legal action against the primary borrower in a default situation: they will also take legal action against you. Remember, you are equally responsible, you will be held legally accountable. And don't think that you can sue the primary borrower. You can only sue them if you have a separate promissory note with them, signed and notarized, that they have defaulted on. And even if you do, it is expensive and time-consuming to sue someone, especially if they have moved out-of-state, and practically impossible if they have moved out-of-country. You could probably never come out ahead, unless the amount owed was so large as to make it worth it. Unless you are wealthy, or a big organization, do not rely on your option to take legal action in the future, it's often just not practical. Lesson #7: WOULD I DO BUSINESS WITH THIS PERSON?: When you co-sign for a family member, there is a certain level of built in trust in the relationship, but when you co-sign for a friend, or girlfriend, or boyfriend, you are putting your faith in the future: faith that they will be around in the future and that they will always have your best interests at heart. Please wake up. People take advantage of other people all the time. Especially when it comes to money, people get scared and choose to hide under a rock, disappear, ignore the problem as if it does not exist. If you are the co-signer, you are the guarantor. If the primary borrower understands this, then they can choose to disappear and leave you holding the bag. Do not assume that the person who cares for you now will always care what happens to you. Business is business, personal is personal. When you are asked to co-sign for a loved one, ask yourself first: do I want to go into business with this person? How do they resolve conflict? If they get into trouble one day will they work with me? Or will they disappear on me? Do they have a conscience, and will they care how this affects me? Or will they see an opportunity to be off the hook? Ask yourself these hard questions. And don’t assume that they will think as responsibly as you. Don’t assume that they care what happens to their credit score, or what this means for the future. Treat the primary borrower as a person you are doing business with, and therefore someone who you need to rely on when times get tough. Chances are, you are the more responsible person here, so ask yourself, can I really afford to go into business with this person?Lesson #8: PROTECT YOURSELF: If your credit score gets damaged over a bad loan, your total financial life will be affected for a long time. It doesn't matter how good your intentions are, it doesn't matter why you got into a financial bind, it doesn't matter that your family member was sick, or that you were going through a hard time, or that you are low on money because you gave it all to charity. The current system of credit scoring requires you to keep your total financial profile in a healthy state at all times. If you are delinquent on payments, or worse, default on loan obligations, then your credit will suffer and you will be affected for a long time. You will be unable to qualify for loans, you will be unable to get good interest loans. Think about the effect this will have on your family in the future: not being able to afford a house for them because you can't get a loan, because you made a good faith error several years before. That's the reality you have to avoid, so protect yourself at all times.Lesson #9: AND FINALLY: Some people reading this will feel that I am missing the point: that of course loans carry obligations, and of course there are consequences if loan payments are missed. For the record, I relied on Sallie Mae loans to get me through college and grad school. I made all my payments on time, I paid my loans off, I even used the available 6 month deferment. But this only worked because I was responsible, because I had a plan, because I understood my monthly and total financial obligations at all times, and never made a life decision that would compromise my ability to pay. Cold reality: many people in this world are not responsible, they don't think through the consequences of their decisions, they are unable or unwilling to look at the hard facts. When you co-sign with one of these individuals, as I did, you are tethering your good name and your financial future to them. If they fail in their responsibility, they will take you down with them. Do not let this happen, protect yourself, you have worked too hard in your life to let an irresponsible person take you down. I hope you have found this posting useful. Please pass it on so that everyone can learn from my mistakes and hard-earned lessons.

My heart goes out to you. My stomach was in knots for you just reading about your situation. Thanks for the lessons learned. I co-signed a private education loan with my ex husband. I wish I had someone like you back then to sit me down and make me really think. Unfortunately, I was young and naive and never thought twice about co-signing. Even though the original loan amount was small by most standards (less than $8000), here it is 10 years later and that stinking loan is still attached to my credit rating. It's barely halfway paid off with another 10 years to go. The ex is a bit of a deadbeat so after some late payments a few years ago, he has since only made the minimum payments. At this rate, I will be ready to retire when that stupid thing is paid and off my reports. I am very conscientious about my own financial health and have less than $1000 on a credit card, a little of my own student loans, and a reasonable mortgage. BUT because I am forever listed as co-signer of this silly loan, it actually drags down my FICO rating. I could suck it up and pay off the whole balance myself in a few months time....which causes me to feel sick to my stomach. Its my only option besides watching this thing languish for 10 more years.

Student Loan Disability Discharge

I have a question.I am eligible to apply for Student Loan Disability Discharge, and my question is that if I get approved, and all of my student loans are forgiven, will that have a positive or negative affect on my credit score?
Also, what if there is a school balance that's gone into collection, but that is also forgiven if approved, will that remain on my credit history? Thank You!

Hey guys, **Major Update** I was doing some research today regarding "Operation: Clean Slate" and I came across a multitude of forums regarding the use of 'goodwill letters'. Unbeknownst to me, student loan GW letters can be used to appeal to lenders and collection agencies alike for the removal of derogatory statements from CR "out of the kindness of their hearts". According to testimonies from former and active GW letter users, this method is based on pure luck, meaning if whomever reads the letter is having a good or bad day, optimistic/pessimistic, just found a $20 on the sidewalk, just spilled coffee on themselves, etc. These minor factors can have a major effect as to whether if you'll get the remarks removed or have the letter fed to the shredder. If denied, the loan holder must send a letter or e-mail back stating why the request was denied....But that doesn't mean you can't try again. You might find that with persistence, eventually someone with the power to make the gears turn in your favor will do so and your unwillingness to quit trying will grant you your personal victory over the system but I digress. On to my update.... With knowledge in mind, I decided to take the GW letter up a notch and actually make a GW phone call. A safe trial and error would be to call good ol' Nelnet with the request in mind. This started a chain of events that would lead me to surprisingly positive conclusion. I'll go step-by-step and leave the fluff out for crystal clarity of the unfolded events..... _ _ _ _ _ _ _ -Called Nelnet, asked for GW removal of statements. No dice (as expected) but the CSR did put in some footwork and said that the Dept.of ED. would be the ones to make my request to. The CSR even went as far as to give me the direct number to the DoE.... -Called the DoE's main office in Washington, D.C. and made the request but the CSR there said that the DoE doesn't actually disperse student loans, only second and third-party lenders associated with DoE. No private lenders. I was asked if I knew who my lenders were but according to my CR, all my loans came from the DoE! I mentioned this and was told to pay close attention to the lender details,(phone numbers, addresses, types of loans borrowed) and cross-reference what info I had to find my mystery lender(s). No further info from the main office. -Checked my recently pulled CR from the the credit bureaus and after some assessment, I did find my lenders; ACS and Federal Direct Loans (aka simply Direct Loan program). I Googled both for their numbers. -Proceeded to call Direct Loans first and again made my request....wait for it....No record of my loan or late payments in their system! Only that it has been transferred to Nelnet. I asked for advice concerning my request since Nelnet as my loan holder had no access to change the remarks. I was put on hold, then the supervisor picked up and concurred with the CSR's statement and strongly advised me to dispute all of my DL loans to all three CBs because since I had no record with DL, disputing the loans with the CBs would cause them to call DL to confirm that I had no account with them whatsoever and that would be the case so since DL doesn't have a record of me, the CBs would have no other option but to pull the tradeline of those accounts off of my CR completely as if they never were......awesome! On to the next one.... -Called ACS (based in Greenville,TX) and all I got was a message that they, and numerous other loan lender companies, were in the process of merging with another loan lender called "ECSI Federal Perkins Loan Program" and was given their phone number. -Called ECSI and again made my request....lightning strikes twice! The same scenario happened as the DL situation almost in the exact manner but didn't include a supervisor as I reached the customer service department on my own. When I asked for advice as they also didn't have me in their system, without hesitation I was told to do the exact same process of disputing with all three CBs. -I requested the names of all parties involved and case/confirmation numbers in the remote chance that this goes south on me. So after 2-3 hours from research to phone calls, I went to Equifax, Experian, and TransUnion, and disputed all loans involved. The process is pretty simple except where they ask why was I disputing....I simply put, "no longer liable for the account" and/or "not my account" on each and every one. Keeping it short and concise to avoid confusion or delayed results. All three CBs have up to 30 days to respond or the disputed accounts in question are deleted by default. _ _ _ _ _ _ _ So in conclusion, I'm happy with the preceding results and I hope this expansive testimony helps those who can use it in any way possible. March 14 is on my calendar, phone reminder, and a sticky note on my fridge for good measure. Until then,
Luck to all of you on your own related quests. "You miss 100% of the shots you don't take." -Wayne Gretzky

Rehabbed 2 student loans. TX Guaranteed is gone, but Wells Fargo remains with government note.

Once my student loans were rehabbed, I thought they had to remove the "assigned to government" notes from the original Wells Fargo tradelines. I thought they could only keep the tradelines there with 120+ past due notes and I would have to goodwill to get the lines removed. Any advice is appreciated!

AhmedInVA wrote:
moneysaverhome wrote:
Good luck! We've had good payments (on auto-draft) since lates in 2011 & 2012 yet the Navient Student Advocate told us just last week on the phone that she wouldn't remove any late history. She was also very pleasant with both of us as she told us she'd do absolutely nothing to help us.Thanks! yeah I would be ok if they show my late payment history from 2011 as long as they don't continue to show it as an open collections account, that would be fairDid you ever hear back?

What is a website that can assist with getting student loans under control?

I've seen in previous post people refer others to a website that will assist you in getting your loans under control. I have multiple loans with different loan companies and I want to speak with someone to guide me through getting on the right track? Does anyone know the website?

The National Student Loan Data System is a good place to start. It will list all of your Federal student loan debt - including the amount borrowed, currently owed, status and who holds the loan. You can use this site to put together a list of who you need to contact. This system does not include private student loans, so if you have any of those you'll have to turn to your original paperwork, records from your school, or your credit report. This DoE website is a great overview of the different loan programs - it covers borrowing, repayment options, and how to get out of default (among other topics). There is no reason to pay someone to help you manage your federal student loans. Every servicer and collection agency is required to give you access to the same repayment options and pathways out of default, and you can handle it yourself, for free. If you have questions about a specific step of the process, these forums are a great resource as well.

FHA changing guidelines on deferred student loans - 6/15/15

If you weren't aware, FHA is coming out with a revised underwriting manual on 6/15/15. Currently Handbook 4155.1 is used, and while there are minor tweaks every now and then, for the most part it's remained pretty similar throughout the years. However on 6/15/15 the new Handbook 4000.1 (not sure why it's a lower number) is going into effect, and I've noticed some bigger changes (haven't gone through every section yet), one of which is a change in deferred obligations (including student loans). It reads: (G) Deferred Obligations (TOTAL)
(1) Definition
Deferred Obligations refer to liabilities that have been incurred but where payment is deferred or has not yet commenced, including accounts in forbearance. (2) Standard
The mortgagee must include deferred obligations in the Borrower’s liabilities. (3) Required Documentation
The mortgagee must obtain written documentation of the deferral of the liability from the creditor and evidence of the outstanding balance and terms of the deferred liability. The mortgagee must obtain evidence of the anticipated monthly payment obligation, if available. (4) Calculation of Monthly Obligation
The mortgagee must use the actual monthly payment to be paid on a deferred liability, whenever available. If the actual monthly payment is not available for installment debt, the mortgagee must utilize the terms of the debt or 5 percent of the outstanding balance to establish the monthly payment. For a student loan, if the actual monthly payment is zero or is not available, the mortgagee must utilize 2 percent of the outstanding balance to establish the monthly payment. "Mortgagee" means the lender. This means if you are planning on applying for an FHA loan and have deferred student loans (or other deferred obligations) that would disqualify you if their payment was included in your debt ratio, you should get moving sooner rather than later, or adjust your plans to get qualified for a mortgage. This is effective for new FHA case numbers on/after 6/15/15. To get an FHA case # you need to submit an application and also have either an address (refinance) or an accepted purchase contract (purchase).

georgiapine wrote:
Is there language about whether an income-based repayment plan counts as a sufficient calculation of the monthly obligation if that is what appears on the credit report? I believe I have seen discussions about how with USDA loans, underwriters won't accept IBR payment amounts for their DTI calculations but I am not sure what the case is here with the FHA. Is the only cause for concern is that a loan in total deferment will be calculated with a monthly payment of 2% of the loan, when previously it could be excluded if deferred for more than 12 months, or will loans in IBR be calculated at 2% too, regardless of what payment amount shows on the credit report? (I am closing on my house soon, but if I ever want to sell it and qualify for an FHA-backed loan... The house I'm buying is not my forever home.)Don't worry about it then. ^^^One thing about mortgage guidelines is that they change all the time. What is true today may be entirely different than what is true for the time you go for your new mortgage. FHA changes their guidelines. Lenders change their overlays. Conventional loans change too. It is the nature of the business. When you do decide to sell, check with a lender prior to selling to see what you qualify for based on the sale of your home. That way you know the specifics required at the time of sale.

Student Loan Options: Forgiveness, Cancellation, or Discharge

My student loans (Installment Debt) are approximately $50,314.00. The payment statuses are current. However, they were once reported past due 180 days or more. My student loans are in forbearance. What are some of my options regarding repayments? As anyone applied to the Public Service Loan Forgiveness?

AA2015 wrote:
My student loans (Installment Debt) are approximately $50,314.00. The payment statuses are current. However, they were once reported past due 180 days or more. My student loans are in forbearance. What are some of my options regarding repayments? As anyone applied to the Public Service Loan Forgiveness?If you are currently in forbearance, than you don't have to make payments. Once you are out of forbearance, I would take a look at Income Based Repayment and see if that would lower your payments to a level that you can afford and thus avoid any more lates. As for Public Service Loan Forgiveness, I haven't applied for it yet, but I am looking at it as a way to pay back my loans. It requires 120 ontime payments while you are working in public service which is broadly defined. The Federal Student Aid website has more details on the program as well as other repayment plans.

Garnishment - Federal Student Loan

I have been asked to configure Student Loan Garnishment to deduct as below when there are more than one active Student Loan Garnishment per employee.
The 25% limit is for the combination of both. If one school loan is for 15% of disposable net and the second is also for 15% of disposable then it should be deducting 15% for the first and up 10% for the second loan for a total limit of 25% of disposable net.
Please help if anyone was able to configure special rule in SAP for this.

Hi Vaibhav,
You need to create 2 non-exempt models with 2 different rules and map it to FED Student loan under table V_T5UG4.
First rule say 001 for single Student loan should have Non-exempt model say /FE1 in table V_T5UG3-
Limit 1 section=>
Nonexempt of 15% of Net i.e. Indicator - 2, Value - 15.00 and Unit - 1 (Percent of Net).
Federal Minimum Wage section=>
Min Hours as 30
Hourly Wage as "blank"
Second rule say 002 for multiple Student loan should have Non-exempt model say /FE2 in table V_T5UG3-
Limit 1 section=>
Nonexempt of 25% of Net i.e. Indicator - 2, Value - 25.00 and Unit - 1 (Percent of Net).
Federal Minimum Wage section=>
Min Hours as 30
Hourly Wage as "blank"
You will need to input the respective rules 001 and 002 in IT0195 depending upon whether single or multiple FED student loan exists.
Hope this helps.
Thanks,
Ameet

Trying to get onto federal student loan site and states incompatible browser

I'm trying to get on to a website for federal student loans, when I get to the site it comes but where it says click her to fill out application a screen pops up stating browser incompatible. I do all the downloads it says to do with my mac book pro and it still isn't working. not sure what to do.

This is how you deal with websites designed by morons:
Safari > Preferences > Advanced > Show Develop menu in menu bar (checked)
Develop > User Agent > (whatever the site expects)

I need to apply for a student loan and I am told that the version of firfox is not supported It recommend I download an older version: Mozilla Firefox 3.5.x and 3.6.x How do I do this?

I'm told to download an older version of firefox that supports the application for federal student loan. They want me to download: Windows 7 - Mozilla Firefox 3.5.x and 3.6.x

The fafsa.gov site does not currently support Firefox newer than version 3.6.x. That is their choice.
You can install Firefox Portable version to use only on that site and use your installed current Firefox version for everything else. Firefox Portable is not produced by Mozilla (but is based on Firefox released versions) and is not supported on this site -- has its own support forum (see below). Firefox Portable installs in a separate folder on your hard drive so that it does not interfere with your currently installed Firefox version settings or personal information (bookmarks, passwords, etc.). You can also install Firefox Portable on a USB/thumb/pin/jump drive.
*Firefox Portable general information: http://portableapps.com/apps/internet/firefox_portable
*Firefox Portable 3.6.22 download links: http://portableapps.com/apps/internet/firefox_portable/localization#legacy36
*Firefox Portable user forum: http://portableapps.com/forums/support/firefox_portable
'''If this reply solves your problem, please click "Solved It" next to this reply when <u>signed-in</u> to the forum.'''
Not related to your question, but...
You may need to update some plug-ins. Check your plug-ins and update as necessary:
*Plug-in check: https://www-trunk.stage.mozilla.com/en-US/plugincheck/
*Adobe Shockwave for Director Netscape plug-in: [https://support.mozilla.com/en-US/kb/Using%20the%20Shockwave%20plugin%20with%20Firefox#w_installing-shockwave Installing ('''''or Updating''''') the Shockwave plugin with Firefox]
*Adobe PDF Plug-In For Firefox and Netscape: [https://support.mozilla.com/en-US/kb/Using%20the%20Adobe%20Reader%20plugin%20with%20Firefox#w_installing-and-updating-adobe-reader Installing/Updating Adobe Reader in Firefox]
*Shockwave Flash (Adobe Flash or Flash): [https://support.mozilla.com/en-US/kb/Managing%20the%20Flash%20plugin#w_updating-flash Updating Flash in Firefox]
*Next Generation Java Plug-in for Mozilla browsers: [https://support.mozilla.com/en-US/kb/Using%20the%20Java%20plugin%20with%20Firefox#w_installing-or-updating-java Installing or Updating Java in Firefox]

Buying a home, student loan reporting questions HELP!

My fiancee and I have decided to buy a house in our area, we got a somewhat green light from our mortgage broker but he had stated there were some things that needed to have letters of payment or more information on them in order to proceed. The items are all regarding student loan accounts on my fiancees report. I did not know him when he took these loans and am not familiar with them at all but I am the one handling the credit issues because I have had a little experience with rebuilding for my family in the past. Unfortunately when I ask my fiancee about the items, he has ZERO clue how much, when, etc. So here are the items1. AES/NCT reporting a $ balance which was $19,759 and it says PAID but then says Charge off transferred to recovery. 2. Sallie Mae for $1333 original balance with a balance of $0 now Reporting as paid through insurance3. Sallie Mae for $875 original balance with a balance of $0 now Reporting as paid through insurance4. SW student services for $875 but with a balance of $0 now (this is the same account as the sallie mae above, not two accounts) Reporting as Transferred5. SW student services for $1333 original balance with a balance of $0 now (also the same account as the sallie mae above) Reporting as Transferred The SW student services ones were the originial lender for the two small student loans and they were opened in June 2003 and show as OK through October 2005 where they then stop reporting. The status shows no missed payments - He thought he paid these two small loans off right after he finished the program but he has no proof. There are no other student loan items and or collection accounts on his credit so how do I find out where these went, how to pay them, how to get them removed.. anything? And since the SW student services and Sallie mae ones are the same as eachother shouldn't one set go away? Any help would be greatly appreciated!!!

Just send a dispute of accuracy to the CRA, identifying the asserted inaccuracy and providing your reasons or documentation in support of your assertion.The CRA is then required under the FCRA to forward a copy of your dispute to the "furnisher," which in this case would be the heir in title to the debt.You are not required to name the current owner or who the CRA refers the dispute. It is the responsibility of the CRA to make the determination of who to refer the disptue for their investigation and response. If the CRA does not receive verification back from the furnisher of the disputed information, that does not automaticaly require deletion.The CRA has the final authority in any dispute to make a determination as to whether they can verify the accuracy.Howver, in most situations, absent any verification from the furnisher, the CRA will be left with no basis to verify on their own, and thus lack of response from the furnisher will usually equate to CRA deletion as lacking verificaiton.

When filling out my FAFSA from for governement student loans, their web site tells me I have to have 2.0 to be compatible with their form. I have 3.5 now. How and where can I download 2.0? Thanks for your help!!

When filling out my FAFSA government student loan info, the FAFSA web site tells me my version of Firefox does not support their form. I have the 3.5 Firefox browsers, and they said I need 2.0. Where and how can I download the 2.0 version?

You can install the portable Firefox 3.6.19 version to access websites that do not work with Firefox 5+.
*http://portableapps.com/apps/internet/firefox_portable#legacy
*http://portableapps.com/apps/internet/firefox_portable/localization#legacy36

Application denied-Student loans

So I was doing a bit of mortgage shopping (for best rates) with a total of 3 lenders. two of the lenders got me pre approvals for 200k and the other said he wouldn't even touch my application. He said that my DTI was 71% and that was far over the normal linits. I asked him why my DTI was so high and he explained that my student loans were having a significant impact on my DTI. He said there were random monthly payments of 4 and 6 hundred dollars then small amounts of 20 and 50 dollars. I send him defeerment letters from the lenders stating they werent to be in repayment until December 2016. He told me that being in deferment didnt matter, he had to count either the actual payment against me or a generic percentage. I did some research and I did see that the deferment thing would be changing, but my understanding is that it wouldn't change until September 15, 2015. I askedh im about that and he said it was June 2015. Again, went for the research and my understanding is that it was initially supposed to change June 2015 but was delayed until September. I'm just really confused and a bit nervous now. Neither of the other loan officers mentioned this and both consider themselves to be VA specialists (and I think it does show just when I talk to them). I have since asked one of the banks to withdraw my application and have started a contract on a home with an agent and the bank I eventually elected to move forward with. My fear is that my loan would get shot down in underwriting because of this change in policiy. Did it go into affect? How do I go about asking my lender without being offensive? Or, did the other guy just miss the memo on the whole thing being delayed. This is a very stressful process especially since I am staying with family right now with my family. Any guidance would be great. Thanks!

alex4208 wrote:
So I was doing a bit of mortgage shopping (for best rates) with a total of 3 lenders. two of the lenders got me pre approvals for 200k and the other said he wouldn't even touch my application. He said that my DTI was 71% and that was far over the normal linits. I asked him why my DTI was so high and he explained that my student loans were having a significant impact on my DTI. He said there were random monthly payments of 4 and 6 hundred dollars then small amounts of 20 and 50 dollars. I send him defeerment letters from the lenders stating they werent to be in repayment until December 2016. He told me that being in deferment didnt matter, he had to count either the actual payment against me or a generic percentage. I did some research and I did see that the deferment thing would be changing, but my understanding is that it wouldn't change until September 15, 2015. I askedh im about that and he said it was June 2015. Again, went for the research and my understanding is that it was initially supposed to change June 2015 but was delayed until September. I'm just really confused and a bit nervous now. Neither of the other loan officers mentioned this and both consider themselves to be VA specialists (and I think it does show just when I talk to them). I have since asked one of the banks to withdraw my application and have started a contract on a home with an agent and the bank I eventually elected to move forward with. My fear is that my loan would get shot down in underwriting because of this change in policiy. Did it go into affect? How do I go about asking my lender without being offensive? Or, did the other guy just miss the memo on the whole thing being delayed. This is a very stressful process especially since I am staying with family right now with my family. Any guidance would be great. Thanks!Did you go back and calculate your own DTI with the payments that will be in place Dec 2016? I mention this because the DTI ratios are calculated on your gross income. If you have a 71% total debt ratio with the new housing payment, how are you going to eat? Your gross income is totally different from your income after taxes, most likely. Total debt ratios don't take into account actual living expenses like food, electric, water, auto repairs etc. Do you have a plan to increase your income or have roommates or do you have additional HH income that was not included in the calculations? This is the time to sit down and do a realistic review of the feasibility of this purchase, regardless of the actual guidelines today. Don't just close your eyes and hope for the best.

Student Loan Goodwill Help (New Member)

Hello all, I am a new member on this forum. I am trying to improve my credit score. The only negative items on my reports relate to student loans. I have been reading some posts regarding goodwill and would like to give it a shot. I was thinking of retaining a firm like Lexington Law, but I feel I can do pretty much everything that they offer and save 100 dollars a month. I have two loans from AES & Nelnet. I have a couple of 120's from 2013 & 2014. My plea for goodwill will revolve around my being a direct victim of Hurricane Sandy. My house and family were affected and I faced 2 years of hardship. Now that I am back on solid footing since the end of last year, I have been paying my loans on autopay every month. Any help in terms of contacts at AES and Nelnet would be appreciated, as well as any strategies. Thanks!

I'm a little bit confused, your post starts out talking about Parent Plus loans - which are federally backed loans. These loans cannot be consolidated by the student because they cannot be in the student's name. Parent Plus loans are borrowed by the parent, and are ultimately the parent's responsibility to repay. Any type of student loan is very difficult to discharge in bankruptcy, because you have to meet a much higher standard and go through a distinct process to establish that you will never be able to repay the loan and that requiring you to repay them would constitute a serious hardship. Ultimately the problem here is not whether these Parent Plus loans were discharged in your bankruptcy (they likely weren't), it is that they are not your debt. Do you and your mother have similar names, social security numbers or birth dates? I would contact the Student Loan Ombudsman and see if they can help you get Sallie Mae to understand that these are not your loans.

Navient student loans (private) lates

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