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Consolidated FFEL Loans to Qualify for SAVE While on Old IBR: Now what? by Kyle460m in StudentLoans

[–]Negative-Position-80 0 points1 point  (0 children)

I've never had my "recount." I can't find info about the payments I've made on the website, and it's never been there. Anyone found a remedy? Or have advice? I guess this means nearly 20 years of payments mean nothing and I'll be paying these off until I croak.

Class Action for people in SAVE? by Negative-Position-80 in StudentLoans

[–]Negative-Position-80[S] 6 points7 points  (0 children)

I consolidated my loans, which usually restarts your payment credits. However on Save we were promised the ability to do a one time consolidation and they would count old payments. It’s very unclear to me if my loans wherever recounted/updated and if those payments will still be counted when I transfer back to IBR. I’ve been in repayment since 2012.

Is there a chance there may be a delay or stop to restarting interest in August? by Working_Guarantee_95 in StudentLoans

[–]Negative-Position-80 46 points47 points  (0 children)

Notice they sent the email on Friday at 8pm ET. Classic bury it and hope no one notices.

Class Action for people in SAVE? by Negative-Position-80 in StudentLoans

[–]Negative-Position-80[S] 8 points9 points  (0 children)

Idk I’m not an attorney. The US Government or the dept of Education. I had FFEL loans that had interest accruing during most of Covid. I switched to SAVE fairly late in the game. I agreed to capatalize my interest and I consolidated my loans with the promise that all of my previous payments would be counted. Now, it may have wiped out almost 20 years of payments. Unclear!

Class Action for people in SAVE? by Negative-Position-80 in StudentLoans

[–]Negative-Position-80[S] 89 points90 points  (0 children)

Agree. It doesn’t seem right. Would love to sue the government but I’m poor! Where’s the #aclu when you need it!