Cosigner Private Student Loans - Harrassing calls!
Date: Fri, 08/03/2007 - 09:53
Cosigner Private Student Loans - Harrassing calls!
During this whole PDL thing I've been going through, I've been having trouble keeping track of bills. I knew my forbearance would be ending soon, but I was searching the mail for more important stuff, like money or bills that were overdue enough to be sent as 'notices' telling me something was going to be shut off. I neglected my student loans. Well one came due without me noticing.
I get this call, I call them back requesting forbearance papers again. I shortly get a call from my Dad... They called him too. He wanted to know if he should pay it. I told him I took care of it. Well even if they sent you forbearance papers they keep checking up on you. Especially since it was late, I couldn't pay it, the forbearance would just have to be retroactive.
I sent the papers via fax this morning. Then I check my email. It is Dad again.
"They called again last nite and said it would be reported to the credit people if not paid so I paid this month." I respond apologizing, and thanking him.
"The guy told me it was over 30 days late and he talked to me like I had done something wrong."
Is this harrassment? I've been reading in other threads that they can't threaten you or harrass you. And it sounds to me that they did to my cosigner. The two ladies I talked to were nice, one checked up and I said I had requested papers and she said okay, they just had to check up every 7-10 days.
I'm trying to get more info from my dad, like this guys name, so I can at least report him to his own company that he was rude. I'm not sure who else I'd report to or if it is truely a reportable offense.
I'll keep you updated.
Please do. A lot of collectors can have an attitude to get mone
Please do. A lot of collectors can have an attitude to get money out of debtors, and that is not illegal, as long as they do not swear, threaten, etc. I know it is not pleasant, but unfortunately, that is something that us borrowers have to endure at one time or another if we get the pleasure of dealing with unfriendly collectors.
Because your father is a cosigner they have as much right to cal
Because your father is a cosigner they have as much right to call him as they do you! The only way to prevent it is to stay ahead of them and call them first.
I understand they have every right to call him...I just don't se
I understand they have every right to call him...I just don't see why they have to be rude is all!
I have a studen loan through sallie mae and if your payment isn'
I have a studen loan through sallie mae and if your payment isn't there by the due date they continually call. I said to this one guy "why do you guys call like everyday, he told me it's an auto dialing system". I told him he is worse then the mob (lol). I also told him that he should check my account as I had already made the payment and it was posted.
ladybug
I've got one not directly through sallie mae but indirectly thro
I've got one not directly through sallie mae but indirectly through with Great Lakes. I think I'm late on them as well (I have two) and they haven't contacted me yet. But AES which I cosigned has sent a bill to my father and me and of course he is paying it again. I really need to call them and check on that forbearance, I wish they wouldn't take so long....
Keep in mind that forebearances with private loans are very limi
Keep in mind that forebearances with private loans are very limited and discretionary. If you have a cosigner who is able to pay, you will not be granted a forebearance....that is probably why your paperwork is not coming.
Unlike federal loans, there is no deferment and getting an actual forebearance can very difficult.
I had forbearance before, when I first moved, and still have 6 m
I had forbearance before, when I first moved, and still have 6 more allowable months to forbear, and when I submitted the first one they didn't ask about the co-signer at all.... Maybe now that they've caught on that he will pay, they might not.... But then again, letting me wait to pay means more interest for them and thus more money in the long run.