bluedawn Posted April 4, 2008 Report Share Posted April 4, 2008 I have 3 loans all with Sallie Mae that are close to the 100 dpd mark. I am trying to figure something out but am at a loss. I also have a 999 dpd loan but no way I can afford that one right now it's a private loan.Questions:What if you actually can't afford to pay the min amount on your student loans due to living expenses? Does a judge take that into consideration before garnishing your wages?Also if anyone has experience with Sallie Mae would be nice to talk to you. I was told if I set up electronic draft it will bring my account current with one normal payment and then monthly payments once a month and the account will show as current. I received the paperwork via e-mail but it does not have an amount anywhere. Basically says sign here and put your information in then fax back. I was not born yesterday so I'm a bit skeptic about doing that with no amount on it. Has anyone ever done this before? I have been dealing directly with Sallie Mae and not a 3rd party collection agency. Please only respond if it's going to be a positive reply. I have enough stress in my life and don't need anymore. Link to comment Share on other sites More sharing options...
LynnInMN Posted April 4, 2008 Report Share Posted April 4, 2008 What is a dpd? I cannot tell how much you owe....$100k federal and $999 private?For starters, if you default on your federal loan, no court order is required for your wages to be garnished. If you fail to pay your private loans, they will sue you. Link to comment Share on other sites More sharing options...
bluedawn Posted April 5, 2008 Author Report Share Posted April 5, 2008 dpd = days past dueTAD = total amount dueVAIG = verify all info goodSorry I'm a collector and use a lot of this in my notes.The three are around 99 dpd. I just want to know if anyone had the same situation about them bringing an account current with one payment instead of having to pay tad. Link to comment Share on other sites More sharing options...
bluedawn Posted April 27, 2008 Author Report Share Posted April 27, 2008 I just want to throw this in here just in case anyone had the same question. I have 4 loans through Sallie Mae (forgot about one) I was 99 dpd on 3 of them and 999 dpd on the private loan. I made a single payment and it brought everything current even the 999 dpd one that I didn't pay on. So if your behind it might actually pay to give them a call although they are a pain in the a$$ to deal with. Link to comment Share on other sites More sharing options...
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