Advice on Dealing with GeorgiaHiEd and CA on defaulted loan
Date: Tue, 09/11/2007 - 12:59
Advice on Dealing with GeorgiaHiEd and CA on defaulted loan
I wrote a certified letter to Georgia Higher Ed Assist Corp who receives my tax intercepts asking for the balance left on my student loans (cus I do understand the interest.) She told me she could not provide that information for me and to contact Premiere Credit. Premiere Credit only wants to yell and yell some more nad say nasty things that i wont repeat. They will not respond to written requests and two weeks ago I received 4 letters from them stating that I now owe 1403.95. I cannot get clarification if this is a new amount, or the old amount with interest.
I have not worked in over 5 years because of my son's special needs. My husband lost his job last year and we took a large pay cut which means I need to return to some type of work -but I cannot teach because Georgia will not release my certificate. Georgia says I need to make payments to Premiere Credit but they will not provide any documentation as to the amount still left.
Does anyone have any advice on where to go from here? If the IRS sends the money to Georgia and not the CA why cant GA release the amount paid/left on the loan?
Thanks
Student loans as a matter of policy do not respodn to written co
Student loans as a matter of policy do not respodn to written correspondance. When an account is sent to a CA, the guarantor will not get involved...the logic being is that the CA gets a commision to work the account.
The "statement" that the CA sent you in February, it not always an accurate picture of what you owe. Since the CA does none of the calculations, the only time you will get an accurate amount is if you request a "payoff" letter from the client.
All you have to do is call and ask the CA for a "client" payment history and a "payoff" letter. If the collector gives you problems, go back thru the main switchboard and ask for a qualified manager...request names and title.