Messages

They told me I have nine years and two months left to pay on my loan since I have to pay 20 years. My first payment was 3/14/2000. Navient bought the loan in 2006 and called that a new disbursement on 5/24/2006. However, I had no control over that. I believe NelNet sold my loan to Navient. Actually, I'm still unclear where the nine years two months is coming from unless they meant 25 years but told me 20? I have been paying on an IBR plan for 5 years.

Navient bought my loan in 2006 from another federal loan servicer and is now telling me the six years I paid before they bought my loan do not count as years of payment. Is this correct?

I have been working in qualifying public service for 12 years and paying my loan on an income based reduction plan for five years. However, I have now been told I don't have the right kind of federal loan since it is from 1997 and that I need to re-consolidate and start the ten years for public service loan forgiveness time over. Is this correct?