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Discussion in 'Credit Talk' started by Steve Ande, Jul 6, 2000.
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RE: Student Loan Scams-Doris,
As I mentioned before, all the information I got was hearsay. From what I gathered, the amout of the loan almost doubled BEFORE it was assigned to the guarantor. The amount was billed by SALLIEMAE, full payment due before the assignment. That much I remember hearing on several occasions. Perhaps laws or policies have changed since I worked for the Trans Union affiliate.
Years have transpired since I last heard of such a thing, so I'm afraid to attempt to recount the stories too deeply because they probably won't be reliable. You need much more reliable information than I can provide.
My job with the Houston area Retail Merchant's Association included showing the client his/her credit file and answering simple questions about the form. I wasn't at liberty to discuss individual items with customers; however, they often volunteered detailed comments to me. All I could do was smile and nod my head. From there, I could fill out a dispute request which was turned over to Trans Union for investigation. Our office didn't handle them.