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cosigned a private student loan

Michael Agruss

Written and Reviewed by Michael Agruss

  • Managing Partner and Personal Injury Lawyer at Mike Agruss Law.
  • Over 20 years of experience in Personal Injury.
  • Over 8000+ consumer rights cases settled.
  • Graduated from the University of Illinois Chicago School of Law: Juris Doctor, 2004.

I cosigned a private student loan. The borrower defaulted, and I was held responsible. I settled my portion of the debt in 2007 for the amount of $2,000.00 and was told by Sallie Mae that I would receive no further calls. They continue to provide my information to third party collection agencies, who call me and request additional payment on the debt. When I contact Sallie Mae about this, I am told that they can not discuss it with me since I am no longer on the account, but they continue to provide my information to collection agencies anyway.

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