Defaulted on Loan - Question

Well, who were you paying??? That money has to be going somewhere! Find out where your payments have been going asap.

+1 To Goldenbast's advice. Check your receipts / canceled checks. I'd also like to know where the proceeds of the consolidation loan went.

I guess I didnt clarify.....I was paying the DOE but I didnt realize that the consolidated loan wasnt part of that. I basically was under the impression that I consolidated all of them, was getting the DOE bills and paying them........but come to find out there was teh consilidated loan through Ed Funds/Citibank that I never once touched (never recieved any contact at all so I didnt even know my error until I recently went to apply for aid)
I was careless and naive - I know this but am now trying to make good and do what I can to do some damage control. Any help would be appreciated! Thanks for responding.

Moving to the student loan forum

Quote:

Thanks so much for your response.

OK, to answer your Q's....No, I didnt realize the balances were off on my DOE bills. I just knew that I tried to consolidate my loans through Ed Fund and started to get DOE bills....and never got Ed Fund bills....so I assumed I was paying them all. (i had been in deferrment since I was in school)
Once i found out I did default on the Ed Fund/Citibank Loan, I immediately called the DOE and entered into that Rehab program. I never would have defaulted on this if I wasnt stupid enough to not realize I wasnt paying it. Will the Citibank negative stay on my credit report even after I complete the rehab program?
Also, since they never once sent me anything or called me - can I do anything?

Something is not right. Edfund and the DOE are not one and the same. Edfund is the FFELP lender for the state of California.....DOE is the Feds. You need to log into NSLDS on the link above and figure out who is holding which loans. Edfund does not send bills....as a guarantor they send demand notices. Had you moved at some point and not notified parties of a change of address?

Student loans are considered self serving....you are responsible to pay even if you didnt receive a bill. I really think you need to sit down and figure out A...how much you owe and B. to whom.

Thanks for the response.
I know now what I owe and to whom but at the time I was obviously stupid and because I (mistakenly) was under the impression I consolidated all of my loans with the this Ed Fund/Citibank, and because I was getting the DOE bills I just assumed that was what I owed in total. Never once recieved a demand notice or a single call from Ed funds or Citibank so I didnt ever question it. I realize how ignorant/naive this...but at this point it is what it is.....and I can only own up to it.
When I did the research after the fact, Edfund had an address I hadnt lived at in 9 years....(which I wouldnt have given them). So, I guess in summary I did default on a loan that I did owe them and since have started paying back thru the Rehab program at the DOE. I guess I wanted to see if there was anything I could do.....which It seems from your post is a NO. :(

Thanks for your help.

You can try a goodwill letter or wait for completion of rehab program.