Non-federal student loan Dealing with my lender or servicer having problems with customer service
Wells Fargo & Company Student loan department,
Non-federal student loan Dealing with my lender or servicer Having problems with customer service Maryland
- -, - Issue : Mother needs to be released as Co-Signer on Daughter 's Student Loan Accounts There are - student loan accounts for me, where my mother is listed as a co-signer on. The agencies that serviced these accounts are Wells Fargo, - - -, and -. They have just written off my student loan accounts this year. Wells Fargo offered me a pay off my student loan since it dated back to -/-/-. I was n't aware they reported it as a write-off on my mother 's credit reports. I have been struggling paying my student loan accounts and have been on my own since -/-/-. It has n't been easy with taking advantage of the use of forbearances and in/out of jobs over the years, doubling up on my payments, but I have managed/struggled to pay them myself. My mother has always taught me to be responsible for paying my own loans/debts, how to manage my mother ( as little as it is ), as well as being mindful of my credit and the consequences.
fifteen years now from being a co-signer, and I 'm just wondering how long a co-signer has to endure their credit being messed up because of my credit situation. She has long paid her dues and this is just pure torture from -, - - -, and Wells Fargo. My mom 's own credit is great and yet my old student loan debt has made it hard for her to acquire her own good credit history. This is totally unfair to my mother whose credit has suffered from my pas inability to pay my own student debts and become more financial responsible. She ca n't apply for a home loan because of this situation and it is totally unfair. Is there not a statute of limitation for co-signers? This has gone on way too long. I have myself through numerous disputes dating back several years, tried to get this issue resolved with the credit bureaus, who only take the word of the creditors. Wells Fargo, -, and - will have nothing to do with these accounts since they wrote them off, but they are more than happy to report negativity on them. I truly hope you can rectify this situation, not so much for myself, which I continue to struggle with debt, but thanks to my mother, will never give up on balancing life and debt, but for my mother, whose credit history has been suffering long enough for my issues. I am working hard to build my credit back up, and my mother 's has suffered and been damaged as a co-signer of my student loans. Please help by having my student loan derogatoriness/damaging information be removed from my mother 's credit report as a co-signer. Sincerely, - - -
Wells Fargo & Company customer in Maryland
Apr 11, 2016
* Source: CFPB Complaint Database
Wells Fargo & Company response to complaint:
Closed with explanation
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