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  1. Under certain conditions, a federal student loan borrower may be relieved from further repayment obligations by having their federal student loans discharged. Discharge provisions are available under both the Direct Loan and FFEL programs. Loan discharge differs from forgiveness. https://myfedloan.org/borrowers/forgiveness-discharge/
  2. Ok so there are 8 loans each for a different amount with the same fedloan servicing account number So 8 counts 90 days late but the whole account was discharged and 0 balance These same 8 loans are also in there again each under one Ed services account and current, noit late 0 balance. I think it is absolutely ridiculous that a company can report multiple time if you only get monthly statement, so I guess I am ranting. Students get loans to make a better future and these loan servicing companies are screwing any chance of that.
  3. pg1067 I have read the Fair Credit reporting and disputed the report about being late on 8 account. What I wrote is exactly what is happening. FedLoan servicing sends out one statement every month regardless of how many loans there are. Then when late on the one statement they report late on everything in the one statement itemizing the loans separately though we are not billed separate statements. Tax_Counsel “A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate.” FCRA § 623(a)(1)(A), 5 U.S.C. § 1681s-2(a)(1)(A) is utterly vague. Reporting should only happen on what you are late on. Late on one statement one account is not late 8 bills. They send one statement with one payment due. So if I pay $10 on a $200 statement which loan does it go to? When a person goes to an emergency room and is billed for every that was done there yes it is itemized on the statement but they should not be allowed to itemize their reporting to agencies saying late for paying MRI, Roomstay, bandage, pain killer. Reporting is for paying or not pay a bill, a statement, an account with the creditor. If you have ONE account with the creditor and they send ONE bill it should not be reported multiple times no matter what is on the bill.In this case I believe the information is inaccurate since I was billed once and have only one actual account with creditor. Is there anywhere that states exactly how/what they can/cannot report?
  4. Hello I need help/information on laws/regs on what and how creditors can report to credit agencies. Is it legal for the creditor to itemize their reports to credit agencies if they only send one monthly statement. Specifically about student loans. In my case I was waiting for disability discharge approval and was late on two statement they reported to agencies as 8 individual accounts each late.If we get one statement, one account, one total amount due monthly is it legal for them to report each individual loan separately to agency.I was not late paying 8 statements. How is this FAIR credit reporting? I can't even rent an apartment because it looks like I was late paying 8 separate accounts. Any ADVICE appreciated.
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