STOP ILLEGAL STUDENT LOANS || CFPB SUES NAVIENT || LATE PAYMENTS DELETED FAST

you know what's up YouTube and Breton we were here once again today we're talking about the dreaded the awful the terrible student loan all right guys how we get them off with reports I don't get the late payments off the reports how do we get rid of these student loans I've got a question here first off we're gonna get to this email all right this one's gonna be a little bit longer so let's strap in here we go bye say hey sorry right you're so late but I brought your do-it-yourself package I'm a low income student hey students you know more power to you I'm sure you're working part time and going to school full time I remember you doing both full-time but until you get that degree maybe you're not earning and burning snapping necks and cash checks so it's all good that you know income all right but get your income up alright you're gonna be just fine alright businesses are available to you jobs are gonna be available to you okay you're gonna be a-okay sweat but let's get to these student owns a good this credit is your credit repair now got a lot going on in this email all right now I want to get my credit straight because I want to start my own business as we talked about excellent but cred stopping right main problem I'm having is the student loan service nabi aunt okay okay we're gonna talk about we're gonna talk about some navien here a minute all right we're about to talk bad behind na'vi its back okay here we go they mark seven of his student loan payments okay student loan payments 90 days late at one time miss drop the score on from 20 points now I have says I have a retro forbearance with a back - back dating ok back dated my loans during that default period so technically nothing late okay technically nothing late this is another way to get late payments off your credit report quickly with navient or any other certain Great Lakes okay Direct Loans all your student loan needs okay if you can get a back dated forbearance for whatever reason hey a lot of people got their own story mine was my hips knees health okay my mind surgeries all rights my work maybe you've got a story as well that could get you back dated for parents now now it goes on none of the credit bureaus would update the 90 days late because simply it was accurate no it wasn't accurate because you have a document saying that it's forbearance back dated right back dated forbearance is a legal binding document those late payments are not accurate your assumption is incorrect the credit bureaus need to change it okay the credit bureaus need to change it is it possible to do this Canada capitalize oh and they got to capitalize interest off of this request of course they want the interest payment for the forbearance the forbearance you usually have to pay interest on core bands unless you can't meet that you could potentially get an income based repayment plan on income based payment payments and if you can't if you meet a certain criteria the government will actually take care of your interest or you can get zero zero payment for a period of time usually the first three years on this income based repayment program the government can take over for the interest or you'll just have a big old goose take zero payment so yes you want to send in this proof okay you want to send a new 6:09 letters disputing the late payments you want to send in the proof but I'm gonna read something else to you that's gonna help you out because the Consumer Financial Protection Bureau just last year took care of navien this issue okay and I'm gonna read this to you it's a little bit more lengthy but it's gonna be very helpful for you and other individuals out there who are having difficulty with student loans having difficulty with nambian in general because navient was doing some stuff that they weren't necessarily supposed to be doing and the Consumer Financial Protection Bureau found out about it took him to court and sued them over this situation okay CFPB sues nation's largest student loan company navient for failing for failing borrowers at every stage of repayment okay so it's not just you Navin is formally part of Sallie man during this whole issue debacle 2008 markets falling apart selling may for any mall this problem navient is now this weird offshoot outside that this o has its own issue about processing loans that they don't even own it's weird but whatever so navient formally part of selling a illegally cheated borrowers out of repayment rights through shortcuts and deception illegally this is this is not this is not something that is being fabricated this is a big government website about a federally backed navient student loan process holder suppose it holder of promissory notes saying that they illegally cheated borrowers out of repayment rights through shortcut the CFPB Sue's nation largest student loan provider unbelievable on the believable okay I'm gonna paraphrase some of this for us so we can get to it relatively quickly but what it says here is they illegally we're doing stuff like let me get into it I mean let me let you know alright so let me scroll down here fail to comply to but failure to apply or allocate while payments to their accounts okay so what's happening to this individual now who has this back dated four bands good on you like got it this the name it may not be reporting it for you to the bureau's like they're supposed to if they made an error and they want to correct it they need to correct it all the way through so now you've got a disputed now you've got to send in your letters of exercise I'm an equity okay to exercise equity to see if they have the promise area now because if they don't they don't they can't hold your feet to the fire right the instrument of in deadness so you can file your complaint directly with the CFPB and show them that you have the forbearance it doesn't matter there's legal document doesn't matter that is what it was for whatever reason the forbearance was granted back in that time it doesn't matter that came now okay they have to update so you can upload your documents to the CFPB and under this stuff where they have this look this this is what's crazy about CFPB also sue them for steering struggling borrowers toward paying more than they had to on their loans obscuring information consumers needed to maintain their lower interest payments and their lower payments okay borrowers who successfully enrolled in an income driven repayment plan or an IVR like many of us know the income based repayment plan they were if they hit a certain cap for income and family size they didn't have to pay anything right but navigates emails an annual renewal notices sent to Burroughs failed to adequately inform them of critical deadlines or consequences if they failed to act okay this is the stuff that they did deceit private student loan borrowers about requirements to release their cosigner from the loan remember we had a whole discussion I think maybe last week were like don't cosign gocubs like no cosign Navia told borrowers that they could apply for cosine and release if they made a certain number of payments on time payments consecutive on-time payments even though it permits borrowers to repay monthly installments in advance and tells customers who do prepay that they can skip upcoming payments when borrowers did so navient reset the counter so they say look you pay us seven times in a row your cool will release the cosigner great you pay all upfront all seven you should be able to release the cosigner oh no we reset the clock on you I mean deceptive practices illegal practices so go right to the CFPB say Navion is now updating with the credit bureaus send them your supporting documentation send that stuff into the bureau's distributor 609 credit repair.com well we got your letters to dispute this stuff off your credit reports immediately immediately okay 609 credit para car we can do the work for you and the awesome laughs group.com and sickens me it goes on to say they harmed credit scores of disabled borrowers and injured veterans okay student loan payments are reports credit reporting agencies write companies severely and primarily disabled borrowers with federal student loans including veterans who are disabled connecting with their military connected with their military service okay have the right to seek loan forgiveness loan forgiveness navient miss reported to the credit reporting companies that borrowers who had their loans discharged under this program had defaulted on their loans have defaulted on their loans this is why wild nonsense so you're not alone you are not alone and you have helped this was having this happen last year the CFPB took in court a fight they're getting stuff squared away or you guys I'm glad things are good and we can help you out we can get you to that process of dispute you're gonna be okay everything's gonna be all right I'm really really excited for you because you're making the right steps okay this video is helping y'all give a thumbs up I appreciate it I really appreciate you guys so I've got other questions other things alright I wanna I don't be I don't blabber it all right on belabor the student loans you can take care of those you absolutely can lay payments obviously we've got leg payment dispute letters it's only a couple I've actually used goodwill letters before my partner corny does use goodwill letters before you can get those like payments updated if there's just a couple day payments look to get back on track if you need to get that back dated forbearance okay so I'm belabor I've got other questions as well about other topics some light stuff people asking about their partial account numbers a lot still guys partial account numbers are a-ok I appreciate you wanting to go above and beyond and go for that gold and get every single number on that account but it's okay partial account numbers are fine your student loans you have partial account numbers on there you want to dispute use the partial copy numbers usually it's the last four that blacked out so if you're looking at your crutch totals your Michaels or whatever is that you have the privacy guards the identity IQs and you're looking at student loan you want to dispute it and you only have the partial content where it's all good usually you can log into your account if you have a current student loan or something like that didn't even see the full account number also sometimes if you have the old credit card and you have the account number there you can usually usually utilize that however double check in your reports sometimes the internal account number could be a little bit different then they kind of run your credit card I've actually seen that happen very challenging and if it's the wrong account number so this is what we talked about this in accuracy these unverified accounts where the account number might be incorrect that is another tick to dispute under unverified account unverified wrong account not my account all these things where you put that are not mine have to be verified have to 100% be verified for the Fair Credit Reporting Act and if that account number is wrong on there that may not be your account you want to be cautious so if you want to double-check your account numbers take a look your credit cards take a look your own statements and some of these things may not be yours at all they might have nothing to do with you I have I've actually seen this okay we see all sorts of nonsense things getting criss cross make sure check it out six or nine credit pair com or we can do it for you at the awesome line route comm make sure to hit that little subscribe button smash it smash it and hit that even smaller Bell for notifications hit that Bell could that subscribe to notifications you get all this good information when it comes to direct to you and hey guys until I see you in person I'll see you on the other side take care