This January I was mailed correspondence about a loan I got in 2002. I know it has been close to, if not, 10 years since the last notice so I'd forgotten about it. I know some loans are sold to other companies- this one is Navient. I'm wondering why so much time passed before a company contacted me?
Do companies find and buy old loans with the hope that someone like me will just pay up?

Wishful thinking?

--
Sometimes you have to look reality in the face and say 'No!'
-Ben (Reaper)

If you need any help, don't. Hesitate to ask.

_______________________________________

and even then I think they make your parents pay. (could be wrong)

pay up tho, work out a plan or try to defer/forbearance.

not going away until you pay or the gov't lets us all off the hook, which is not going to happen in our lifetime.

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TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

Paying $45 a month for 9+ months on a student loan can raise your score by at least 100 points.

Not paying it will have you in the land on double digit interest rates for life.


my avy: Deep in your heart, you know he's right: http://coreyrichardsonneedsajob.com/
my hustle: http://SupaSoulSounds.com

*RIP: John T. "220v" Richardson, Blessing Benson, and Dilla*

.

...I'm from the era when A.I. was the answer, now they think ai is the answer - Marlon Craft

to just paying the minimum every month forever? wouldn't you remain in good standing so long as you're making the payments on time? and your children wouldn't inherit all the accumulated debt that's built up, would they?

I feel like I'm wrong about this, but I'd appreciate if someone could explain why

Google "10 year teacher student loan forgiveness"
.
.
.

you have to be a teacher (or if you work for non profit) but you also have to be paying your loan regularly to qualify

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like.me
http://tinyurl.com/3z8486u

"if the children are not initiated into the village they will burn it down just to feel its warmth." - african proverb

http://www.huffingtonpost.com/steve-rhode/is-there-anyway-to-get-ou_b_8891260.html

Thanks

a few years back i thought i had got away with one from much longer ago than yurs...tax time came one year...they got me that year and a couple years after

------------------------------------
2019 CABG Survivor

2016 OK Survivor Champion

be about it or be without it

RIP GOATs

but the answer is no.

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"Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson

"what's a leader if he isn't reluctant"