Saturday, October 20, 2018

IBR to PAYE

A post in Light Purple

So I got a letter dated October 12th that I have been changed from IBR to PAYE or REPAYE. I'm now paying $293.01/monthly, which is about what I expected. But Why did I have to be the one to call every week before things got moving? Why did this drag out so long? What the hell are they doing at the FedLoan that they can't process things in a timely manner? Every year? So now I just wait for the next bill, which I hope will be in November, since the October payment didn't count towards my 120 payments for forgiveness because I'm on the forbearance paying the same amount I was paying before. 

This is full of crock.

I just pray more students will NEVER accept a loan, ever, for college.

Thursday, October 11, 2018

A possible Ploy

A post in deep purple.

So, I took time off work to call this morning. They answered pretty quick at 8:37 a.m. only waiting a minute on hold. Spoke to Erica #607588 and she said my status is STILL under review since the last time I called. Nothing has been done and she doesn't know why. She asked if I was on the Forgiveness Program and I said I was. She put something in the computer to speed this up. She said by next Wednesday something should be decided. There's a "working arch or processor" that needs to see my work and they've dropped the ball.

Also, my payment for October doesn't count towards the 120 payments because I "opted - out " so that I could change from one payment plan to another. 

Well this shit needs to come to an end so that November's payment counts, damn it! I wish I could talk to someone who is above the people I call in order to make October's payment count because it wasn't MY FAULT they can't get their shit together.


Stupid, stupid student loans. May my nieces NEVER HAVE THEM!