So i thought i was paying on ALL of my loans for the past 10 years. I took out way too much in student loans when i was in college and i didnt even graduate but i thought my loans had been sold to a private loan company ( discover). I just got a letter from Alltran stating that I owe about 54k. Again I was young and didnt keep the best records of my finances. What im wondering now is how did it take them this long to get a hold of me. I have been paying on a subsidized loan for the past 2 years. If they knew how to contact me for that loan which was clearly through FAFSA how did it take almost 10 years for them to reach out about my un-subsidized loans?! The unsubsidized loans have accrued almost 14k in interest and 8k in fees. I can make the payments but i just didnt know about them! Is there anything I can do? I want to rehab the loans so my credit score isnt completely screwed but I just think its crazy that I have to incur all these fees when I simply wasnt getting the message! Any insight is helpful.
This is why they haven't contacted you: https://www.forbes.com/sites/adamminsky/2019/02/25/the-dept-of-educations-loan-default-unit-is-in-disarray/
At the end of the day, as annoying as it is, it's still on you to be on top of it.
I would check everything and make sure you're good to go: https://thecollegeinvestor.com/19370/how-to-find-out-who-owns-your-student-loans/