Showing posts with label equifax. Show all posts
Showing posts with label equifax. Show all posts

Thursday, May 15

Sallie Mae error hits borrowers' credit scores

Sallie Mae, a major student loan lender, apparently falsely reported to Equifax that hundreds of thousands of its borrowers' loans were delinquent when they were not. The loans were being repaid under a graduated repayment option, and Sallie Mae apparently reported them as "essentially delinquent", according to this article on the MSN Money website.

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