If it's any help, I was exactly were you were two years ago. I did the same thing with Pioneer, and eventually my loans were consolidated, and are currently in deferred status. All my loans were defaulted. After paying Pioneer, the loans showed up (in duplicate) on my credit reports as many as 12 different TLs. Over the past year I've disputed, disputed, and disputed with the CRAs. It seems that every month I've had one fall off because they didn't verify, or had the wrong info. I just sent a nutcase letter to the last two TL OCs to validate, as they haven't responded over the last year at all. I'll know more within the next couple of weeks. I would have made them validate up front instead of dealing with them. They (pioneer) were not totally forthcoming!
Thanks Jambe... Yes, my original loan is 21,800....after all late charges, interest, and CA charges i owe roughly 27,000...that is a 25% increase from my original debt....all in a span of 3 years...unreal. I am so lost in this fight....should i consult a lawyer? Any one have any advice for me. Eric
Mike, How did you dispute these duplicate loans? Is it possible for you to forward me examples in your spear time? I would greatly appreciate your help. By the way, did Pioneer told you the same story about your default status being totally deleted? Eric
