Can anyone explain what happened here?!

3 years ago

Tue Nov 23, 2021 8:23 pm

Cassie

DeveloperLoves long talks on the beach

Cassie has been gardening for over 2 years.

Level55 Last INQFriday, February 14, 2020 Gardening For4 years, 7 months, 2 days, 13 hours, and 2 minutes Next Level in27 days, 10 hours, and 58 minutes on October 14th INQ 1yr onSunday, February 14, 2021 INQ 1yr reached3 years, 7 months, 2 days, 13 hours, and 2 minutes ago INQ 2yr onMonday, February 14, 2022 INQ 2yr reached2 years, 7 months, 2 days, 13 hours, and 2 minutes ago

LaHossBoss wrote: ↑Tue Nov 23, 2021 8:13 pm I have heard of some people saying their loans were forgiven (not partially) recently out of the blue, but they were either disabled or something else restrictive, like the bad schools that weren't accredited or gave false info.

Maybe you got included accidentally in one of the already ongoing forgiveness rounds? A few days ago I heard something on CNN about 'tens of thousands' already receiving complete loan forgiveness, but that had something to do with public service. I Googled and found a few more ways that could happen (article from last month too): https://www.forbes.com/sites/zackfriedm ... 0586aa108b

3 years ago

Tue Nov 23, 2021 8:26 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 2 minutes Next Level in22 days, 10 hours, and 58 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 2 minutes ago

Cassie wrote: ↑Tue Nov 23, 2021 8:23 pm
LaHossBoss wrote: ↑Tue Nov 23, 2021 8:13 pm I have heard of some people saying their loans were forgiven (not partially) recently out of the blue, but they were either disabled or something else restrictive, like the bad schools that weren't accredited or gave false info.
Maybe you got included accidentally in one of the already ongoing forgiveness rounds? A few days ago I heard something on CNN about 'tens of thousands' already receiving complete loan forgiveness, but that had something to do with public service. I Googled and found a few more ways that could happen (article from last month too): https://www.forbes.com/sites/zackfriedm ... 0586aa108b

I did work in public service for 15 years, but never signed up for the program. They knew my employer, so maybe I got partial forgiveness for the years I worked in the public sector? Obviously not all 15 years counted because the program did not start that long ago. I guess maybe I should look further into that? Or just leave it be? I am so scared if I bring attention to it that it will be clawed back!

3 years ago

Tue Nov 23, 2021 8:40 pm

Cassie

DeveloperLoves long talks on the beach

Cassie has been gardening for over 2 years.

Level55 Last INQFriday, February 14, 2020 Gardening For4 years, 7 months, 2 days, 13 hours, and 2 minutes Next Level in27 days, 10 hours, and 58 minutes on October 14th INQ 1yr onSunday, February 14, 2021 INQ 1yr reached3 years, 7 months, 2 days, 13 hours, and 2 minutes ago INQ 2yr onMonday, February 14, 2022 INQ 2yr reached2 years, 7 months, 2 days, 13 hours, and 2 minutes ago

LaHossBoss wrote: ↑Tue Nov 23, 2021 8:26 pm
Cassie wrote: ↑Tue Nov 23, 2021 8:23 pm
LaHossBoss wrote: ↑Tue Nov 23, 2021 8:13 pm I have heard of some people saying their loans were forgiven (not partially) recently out of the blue, but they were either disabled or something else restrictive, like the bad schools that weren't accredited or gave false info.
Maybe you got included accidentally in one of the already ongoing forgiveness rounds? A few days ago I heard something on CNN about 'tens of thousands' already receiving complete loan forgiveness, but that had something to do with public service. I Googled and found a few more ways that could happen (article from last month too): https://www.forbes.com/sites/zackfriedm ... 0586aa108b
I did work in public service for 15 years, but never signed up for the program. They knew my employer, so maybe I got partial forgiveness for the years I worked in the public sector? Obviously not all 15 years counted because the program did not start that long ago. I guess maybe I should look further into that? Or just leave it be? I am so scared if I bring attention to it that it will be clawed back!

I would think you'd get a letter at some point, like the people interviewed on CNN mentioned receiving. I'd just wait a few weeks and see if anything turns up in the mail. All this stuff is happening really quickly with this administration - there's bound to be some programming errors here and there that might have caused this. Like maybe the code flagged your public service as something more current....or maybe you really do qualify for something that hasn't even been announced yet.

TU8 799/EX8 786/EQ8 805 EQ5 770/EX2 757 8/18/2023

3 years ago

Tue Nov 23, 2021 8:56 pm

Saeren

Rebel Administrator

Recent HP or new account.

Level0 Last INQFriday, August 23, 2024 Gardening For24 days, 13 hours, and 2 minutes Next Level in6 days, 10 hours, and 58 minutes on September 23rd INQ 1yr onSaturday, August 23, 2025 INQ 1yr in11 months, 6 days, 10 hours, and 58 minutes INQ 2yr onSunday, August 23, 2026 INQ 2yr in1 year, 11 months, 6 days, 10 hours, and 58 minutes Goal6 months Goal DateSunday, February 23, 2025 Goal In5 months, 6 days, 10 hours, and 58 minutes

I wouldn't really worry about tipping them off to the mistake. They would discover it anyway and come after you for the difference even years down the line after an audit. If it's a mistake, better to find out now than later.

3 years ago

Tue Nov 23, 2021 9:53 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 2 minutes Next Level in22 days, 10 hours, and 58 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 2 minutes ago

Cassie wrote: ↑Tue Nov 23, 2021 8:40 pm
LaHossBoss wrote: ↑Tue Nov 23, 2021 8:26 pm
Cassie wrote: ↑Tue Nov 23, 2021 8:23 pm Maybe you got included accidentally in one of the already ongoing forgiveness rounds? A few days ago I heard something on CNN about 'tens of thousands' already receiving complete loan forgiveness, but that had something to do with public service. I Googled and found a few more ways that could happen (article from last month too): https://www.forbes.com/sites/zackfriedm ... 0586aa108b
I did work in public service for 15 years, but never signed up for the program. They knew my employer, so maybe I got partial forgiveness for the years I worked in the public sector? Obviously not all 15 years counted because the program did not start that long ago. I guess maybe I should look further into that? Or just leave it be? I am so scared if I bring attention to it that it will be clawed back!
I would think you'd get a letter at some point, like the people interviewed on CNN mentioned receiving. I'd just wait a few weeks and see if anything turns up in the mail. All this stuff is happening really quickly with this administration - there's bound to be some programming errors here and there that might have caused this. Like maybe the code flagged your public service as something more current....or maybe you really do qualify for something that hasn't even been announced yet.

Well I do know they said they were going to count years of public servuce that was previously undocumented, even if you had not applied for the program, and would be retroactive. Perhaps it is something like that is what happened. Several of my years do count, just not all of them since I worked in the public sector for longer than the program has been in existence. I would think maybe 5 or 6 years have been worked during the program. Edit: it looks like the prgram started in 2007 l, so that would be 9 years of public service haha damn, 1 year short.

3 years ago

Wed Nov 24, 2021 9:42 pm

Slabenstein

OutlierDinosaurs are patriots

Slabenstein has passed the 24 month threshold and is completely inquiry free!
Slabenstein has achieved the Garden Goal !!

Level24 Last INQThursday, September 1, 2022 Gardening For2 years, 15 days, 13 hours, and 2 minutes Next Level in14 days, 10 hours, and 58 minutes on October 1st INQ 1yr onFriday, September 1, 2023 INQ 1yr reached1 year, 15 days, 13 hours, and 2 minutes ago INQ 2yr onSunday, September 1, 2024 INQ 2yr reached15 days, 13 hours, and 2 minutes ago Goal24 months Goal DateSunday, September 1, 2024 Goal Achieved15 days, 13 hours, and 2 minutes ago

Are these recently rehabbed loans?

3 years ago

Wed Nov 24, 2021 11:07 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 2 minutes Next Level in22 days, 10 hours, and 58 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 2 minutes ago

Slabenstein wrote: ↑Wed Nov 24, 2021 9:42 pm Are these recently rehabbed loans?

They were rehabbed about 1 year ago.

3 years ago

Wed Nov 24, 2021 11:17 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 2 minutes Next Level in22 days, 10 hours, and 58 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 2 minutes ago

So I got to thinking - and this is probably 100% wrong, but these loans show no principal has ever been paid. Now, not to say the loans don't start over once rehabbed, but maybe they are taking off what I originally paid towards them? That would seem to make some sort of sense. But it would make on think there should have been some sort of bookkeeping done along the way and they shouldnt have just conveniently "forgot" I had already paid on them for several years? Not to mention, they had me in collections and were trying to get, what...the full original amount plus what I had already paid? The % paid towards principal and interest makes some sense, especially since the loans were taken at different times? It ranges from 5% (on the big consolidated loan) to 33.6% on the original loans that were not consolidated. It may mean nothing, but it sure is odd. I have no idea. I am still at a loss.

3 years ago

Wed Nov 24, 2021 11:59 pm

BrutalBodyShots

Senior AdministratorGoodwill Saturation Technique Author

BrutalBodyShots has been gardening for over 2 years.
BrutalBodyShots has achieved the Garden Goal !!

Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 24 days, 13 hours, and 2 minutes Next Level in6 days, 10 hours, and 58 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 24 days, 13 hours, and 2 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 24 days, 13 hours, and 2 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 24 days, 13 hours, and 2 minutes ago

I wish I could contribute to the thread, but I really don't have any answers. Maybe in the upcoming weeks/months you'll receive something that offers some sort of explanation.

3 years ago

Fri Dec 03, 2021 5:47 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 2 minutes Next Level in22 days, 10 hours, and 58 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 2 minutes ago

SO had the same thing happen on his SLs through the same servicer. He is finally under 100% original loan balance! Even including outstanding interest!

Screenshot_20211203-174212_Drive.jpg 54.12 KiB Viewed 412 times

This is very exciting news! We need to bring each loan down $885 bucks to get under the 60% threshold, as they are at 93% right now, but it seems so much more within reach!

3 years ago

Sun Dec 12, 2021 3:15 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 2 minutes Next Level in22 days, 10 hours, and 58 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 2 minutes ago

The balance reductions are starting to report to the bureaus for both me and SO:

Screenshot_20211212-151328_myFICO.jpg 48.94 KiB Viewed 399 times

Screenshot_20211212-151354_myFICO.jpg 55.53 KiB Viewed 399 times

3 years ago

Thu Dec 16, 2021 1:49 am

Birdman

Primer AuthorCo-Founder

Birdman has been gardening for over 2 years.

Level30 Last INQWednesday, March 2, 2022 Gardening For2 years, 6 months, 14 days, 13 hours, and 2 minutes Next Level in15 days, 10 hours, and 58 minutes on October 2nd INQ 1yr onThursday, March 2, 2023 INQ 1yr reached1 year, 6 months, 14 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, March 2, 2024 INQ 2yr reached6 months, 14 days, 13 hours, and 2 minutes ago

Loan forgiveness. They’re trying to warm everyone up to the idea of free education for all, imho.

3 years ago

Sat Mar 05, 2022 7:24 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 2 minutes Next Level in22 days, 10 hours, and 58 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 2 minutes ago

I received *another* mystery credit on my 2nd of 3 sets of SLs!

Screenshot_20220305-170423_Credit Karma.jpg 48.46 KiB Viewed 382 times

I am not sure why, again. The other loans never had the balances reversed, nor did SO's. They have seemed to "stick" so far. I am so confused at these reductions in our balances. They are not noted anywhere in any statements and I have never received any notices online or via email/mail, the balances have just dropped! Maybe my 3rd set of SLs will get a similar reduction, as well as SO's second set of SLs.... Nobody else has had this happen?

3 years ago

Sun Mar 06, 2022 2:05 pm

Birdman

Primer AuthorCo-Founder

Birdman has been gardening for over 2 years.

Level30 Last INQWednesday, March 2, 2022 Gardening For2 years, 6 months, 14 days, 13 hours, and 2 minutes Next Level in15 days, 10 hours, and 58 minutes on October 2nd INQ 1yr onThursday, March 2, 2023 INQ 1yr reached1 year, 6 months, 14 days, 13 hours, and 2 minutes ago INQ 2yr onSaturday, March 2, 2024 INQ 2yr reached6 months, 14 days, 13 hours, and 2 minutes ago

Yes I’ve heard random reports here and there.

3 years ago

Sun Mar 06, 2022 8:28 pm

Cassie

DeveloperLoves long talks on the beach

Cassie has been gardening for over 2 years.

Level55 Last INQFriday, February 14, 2020 Gardening For4 years, 7 months, 2 days, 13 hours, and 2 minutes Next Level in27 days, 10 hours, and 58 minutes on October 14th INQ 1yr onSunday, February 14, 2021 INQ 1yr reached3 years, 7 months, 2 days, 13 hours, and 2 minutes ago INQ 2yr onMonday, February 14, 2022 INQ 2yr reached2 years, 7 months, 2 days, 13 hours, and 2 minutes ago

LaHossBoss wrote: ↑Sat Mar 05, 2022 7:24 pm I am so confused at these reductions in our balances. They are not noted anywhere in any statements and I have never received any notices online or via email/mail, the balances have just dropped!

Are you saying the balances get reduced on the credit report but not on the account statements from Navient? I wonder if it has something to do with this: Navient is forgiving the student debt of 66,000 borrowers. How to know if you’re one of them I mean, even if none of that applies to you specifically, maybe there's an error somewhere in their update code. [EDIT: I noticed that Navient reached a settlement recently with around 39 states. "Navient denies...." = SKETCHY. lol ]