I have a couple questions about my credit report I just pulled. I am trying to clean it up and I believe there is one thing that is absolutely killing our score (which is a 570 1 year after discharge) OK, first of all, our house was included in the BK. Right BEFORE we filed our loan was sold to another company. THAT company shows included in BK, but the company that had our loan before we filed is showing all this delinquent crap. Should that also be reporting as included in BK, or are we doomed to have this showing on our credit report? I believe that is what is killing us because post BK we have a student loan that is reporting as current and we have a new loan we have had since November that we have remained current on and are making more than the minimum payment on (about $75 more) Also, one of our student loans is showing as 90 days late on one month. The funny thing is: 1.When I talked to them about this before they told me it was 30 days late, NOT 90 days late and 2.the previous months show nothing. WhatI mean is, in order to be 90 days late, you have to first be 30 days late, then 60 days late, am I not correct? Well, this isn't reporting. There is just one month that is 90 days late and every other month is showing spotless. It shouldn't even show up because the reason we were late was that they were doing a forebearance on the laon and no payment was made while they were doing the paperwork, and they took their sweet time processing this, causing us to be 30 days late, but by *NO* means were we 90 days late. How do I prove this? This happened almost 2 years ago (May of 2002)And most of you know how student loans show on credit reports, we have 4 different accounts with them (which they merge into one payment for billing purposes) and all 4 of them are showing as 90 days late that *ONE* month.
I don't know who owns your student loan, but mine is through Salle Mae. When they gave me a forebrearance after I was already delinquent, it was back dated to cover the delinquency period. THAT was pretty cool. You might want to ask about this. I'm two years post-BK and haven't been working on the credit report until now, so my scores are similar to yours even another year later. Since I've been in forebearance, my rating is zero on the same loan that I did a refi consolodation with Sallie Mae. I'm not sure whether I should ask for the accounts to be consolitdated into one on my credit report or not. Does it HURT to have multiple listings for the same student loan account?? Anybody?
