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View Full Version : WTF are my student loans?


nepg
11-07-2010, 06:32 PM
So I go to pay some of my Unsub Stafford loans today... One problem: my loans get bought and sold by different companies so often, I can't find who the hell to pay. I mean, I have the latest letter from the supposed latest company...no dice, my loans aren't there anymore. One of the companies listed their website, but I go to the website, and it doesn't even ******* exist. How ****** up is this system? Anyone know where to go to find out where your loans are?

Ness
11-07-2010, 06:56 PM
Why are your loans getting bought and sold by other companies?

Jvig43
11-07-2010, 06:59 PM
I just got a letter from the same Stafford load informing me where it switched to, maybe it's coming in your mail?

Bosanac01
11-07-2010, 07:16 PM
Can you go online to your college site and find student info system and go to financial status or something like that?

Brent
11-07-2010, 07:16 PM
Why are your loans getting bought and sold by other companies?
you can sell loans on the expectation that someone will fail to pay their loans, thus you make money on collecting those unpaid loans. this is partly how our housing market crashed