Hello all. I am new to the boards, having just spent several hours going through prior posts that seemed to apply to my situation or that looked like helpful information to me. Most of my credit problems began over six years ago. Accordingly, what debt I have that is not in repayment has exceeded the SoL (this includes a charged off CC and a CC that was turned over to a CA). This month, I finished paying off one of my college-era credit cards. The only two negatives on my CR (I have Equifax and TU; I have ordered the Experian report and will order one from Innovis tomorrow) are the two CCs I mentioned. However, there is a debt that does not show on Equifax or TU that is my most troubling. I will do my best to keep this brief and to the point; further, I will not make excuses for my mistakes. This is not a sympathy post but a request for advice. In any case, I doubt the whys and hows are revelant to the facts. I began attending a private university in 1996 for a graduate school program and withdrew before the first semester ended. At the time I did not realize the implications of doing so, but they soon became apparent to me. Needless to say, I still owe this university a little under $10,000 for tuition for one semester. I've noticed some people have had problems with student loans on the board, so I will reiterate: I owe the university, not the federal government. My student loans are in repayment and have never been in default. I do have a job and make around $25,000 per year income (this includes pretty good medical benefits, along with some other benefits). I am single and have no children. I would very much like to return to grad school, and I know that this debt must be satisfied before the school will release my transcript with four "W"s. Now that my smaller amounts of debt have been tackled, I feel that I can begin to pay off what I owe the university. However, the university (a little over a year ago) turned the account over to a CA (again, I was perplexed to not see the account on my CRs from Equifax and TU - does anyone know why they would not have reported a debt from Feb. 1997 at this point?). Would it be feasible to contact the Bursar's Office directly and to try to arrange a settlement with them? I have not contacted the CA at any time; I know that I owe the debt, but I wish to have no dealings with a CA. Or, since the SoL has expired on the tuition balance, would I be better off saving money until I could possibly pay them one lump sum on the account's balance? Again, I would much rather deal with the university directly, if possible, as the goal is to pay off the debt to their satisfaction and to be able to have access to my transcripts. My ultimate goal is to get back to grad school, and I am looking for advise on my best route to take in order to achieve that goal. Thanks.
Did the school loan you the tuition money directly? Did you ever sign any sort of loan agreements with the school? (The reason I ask is that some schools will loan tuition money directly to students). Or, did they just bill you and you never paid?
Or, did they just bill you and you never paid? I was receiving a fellowship from the government, which was rescinded when I withdrew. Hence, I owe the university the tuition money that had previously been covered by the fellowship. Again, there was no loan involved from the school or otherwise.
