Forums
I had a student loan that I had problems with back in 05', I ended up paying it up to date but then it was transfered to a new bank. Now both of them show up. The 1st bank says it was paid after collection, then the 2nd bank has me in perfect standing as I have been good ever since that snafu. My question is that the 1st bank doesn't have a date of last activity and its negative obviously so I want it off or at least know when it should be off. But I also don't want to affect the 2nd bank report which has me as good. Any suggestions or does anyone know?
Thanks in advance!
Hi Stemargal,
Do not panic. This kind of problem is common with students drawing student loan. Firstly, call up the first bank and talk to them regarding this mistake. Secondly, you can also send a debt validation letter asking them to prove that it was your debt and send documents that display the fact that you have cleared your debt. Ask them to probe on the matter and send you a letter confirming the date of you last activity. I think this will not create any impact on the second bank’s standings.