Another co sign disaster
Date: Wed, 12/16/2009 - 19:18
Another co sign disaster
I think the status of the loan can be checked from the following
I think the status of the loan can be checked from the following link, but one may need to have a login id for that reason. Ask your wife if she has any access to the Sallie Mae account.
"http://www.salliemae.com/get_student_loan/apply_student_loan/checking_status/"
However, if the loan is in default and she happens to be the cosigner, the loan would appear in her credit report as well. Pull out her CR for confirmation.
If it is in default, the Sallie Mae online links probably wont w
If it is in default, the Sallie Mae online links probably wont work since it is transfered to a different division.
Call the CA and give them the information on how to reach the borrower, especially employment if you have it. Or fax it to them.
Current status would be default. There is no inbetween. And FYI....Sallie Mae does actively sue both parties.
( to add my '2 cents')..did your wife know what she may have bee
( to add my '2 cents')..did your wife know what she may have been getting into when she co-signed? Goodness! You can look at the 'bright side'. SHE is the one who co-signed, not YOU. I know she is your wife, but,..you may want her to handle it herself..'tough love thing', I mean. I'm NOT trying to be cruel..just..it 'is what it is'.