oklahoma student loan authority
Your loan servicer is assigned by the U.S. Department of Education when your loan is disbursed to your college for the first time. ( 2 ) Predator Lending a. Other payments may have a fee, which will be clearly displayed before checkout. Our team of writers and editors follows these key guidelines: LendingTree, LLC is a Marketing Lead Generator and is a Duly Licensed Mortgage Broker, as required by law, with its main office located at 1415 Vantage Park Drive, Suite 700, Charlotte, NC 28203, How the Oklahoma Student Loan Authority works, How OSLA helps federal student loan borrowers, How to resolve disputes on your OSLA loans, Keep in mind: OSLA portal could soon be replaced, Total Permanent Disability (TPD) discharge, How To Manage Your Edfinancial Services Student Loans, How U.S. Students Can Get Student Loans for International Schools. For best results using this web site, MAXIMIZE your web browser. Oklahoma Student Loan Authority Trade Name ("Doing Business As ."): OSLA Student Loans Servicing DUNS Number: 834574444 Parent DUNS Number: Address, line 1: 525 Central Pk Dr Ste# 600 Address, line 2: City: Oklahoma City State: OK Zip: 73105-1706 Phone Number: 405-556-9211 Fax Number: Weve maintained this reputation for over four decades by demystifying the financial decision-making It's a third-party company that handles the administrative tasks . Oklahoma Student Loan Authority is a non-profit, public trust to aid the financial needs of students. It was predatory loan on behalf of XXXX XXXX XXXX and OSLA. Her work has appeared in The Associated Press, The New York Times, The Washington Post and USA Today. A letter was sent out to me the week of winter break XX/XX/XXXX. Disclaimer: NerdWallet strives to keep its information accurate and up to date. But this compensation does not influence the information we publish, or the reviews that you see on this site. Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. If you live in Massachusetts, you can contact the Massachusetts Attorney General's Student Loan Ombudsman to file a student loan complaint or get additional help navigating repayment options. how Federal Student Aid partners with loan servicers, list of our trusted federal student loan servicers. A data breach of student loan servicer Nelnet Servicing (Nelnet) has affected over 2.5 million student loan borrowers throughout the United States. Through internal surveys conducted by OSLA, 90 percent of the time, its staff received either Good or Excellent customer satisfaction marks. Headquarters. is a servicer for borrowers with federal Perkins loans. September 8, 2022. You have a network of support to help you succeed in repaying your federal student loans. OKLAHOMA STUDENT LOAN AUTHORITY - Consumer Complaints PO Box 530278, Atlanta, Georgia, 30353, United States. The document is not signed or initialed by myself. Contact Information. Signing up for autopay will reduce your interest by 0.25 percentage point. If your issue goes unresolved, you can also make complaints about OSLA to: Make sure to keep records of conversations you have, including the day, time and customer service representative you spoke with. It is discrimination on the basis of finances that should not be tolerated.Company Response: Closed with explanation, Trouble with how payments are being handledCompany Response: Closed with explanation, Received bad information about your loanCompany Response: Closed with explanation, Keep getting calls about your loanComplaint: OSLA ( XXXX ) keeps calling both my home phone # ( XXXX ) and my cell phone ( XXXX ) regarding student loans for my daughter. Both can initially be accessed at public2.osla.org. PDF OKLAHOMA STUDENT LOAN AUTHORITY - sai.ok.gov She has been editing professionally for nearly a decade in a variety of fields with a primary focus on helping people make financial and purchasing decisions with confidence by providing clear and unbiased information. Many or all of the products featured here are from our partners who compensate us. I'm a young kid who prides himself on doing things right and especially with something like my credit score. State of Massachusetts- Ombudsmans Student Loan Assistance Unit. who ensure everything we publish is objective, accurate and trustworthy. She holds a bachelor's degree in journalism from Purchase College, State University of New York. All of our content is authored by Process deferment and forbearance requests. The Oklahoma Student Loan Authority, or OSLA, is one of several companies that service federal student loans by collecting and tracking payments. They did this to bring my account current. doxo enables secure bill payment on your behalf and is not an affiliate of or endorsed by Oklahoma Student Loan Authority. Here is a list of our partners and here's how we make money. We maintain a firewall between our advertisers and our editorial team. This helps you stay in good standing to avoid default. Our partners do not pay us to feature any specific product in our content, but we do feature some products and offers from companies that provide compensation to LendingTree. Aidvantage NMLS# 2241381 (, How to identify and avoid student loan scams. Start making moves toward your money goals and compare your debt management options. We value your trust. It's a third-party company that handles the administrative tasks . I continued to make payments. Read more. 2401 N Lincoln Blvd. Refinancing is permanent, however, and would strip your OSLA loans of their government-exclusive protections, such as the ability to change your repayment plan. I have attached the required application for a loan discharge along with the Chapter XXXX bankruptcy letter that I received in the mail. OSLA is a Not-For-Profit Servicer of student loans that are owned by the U.S. Department of Education. Lastly, OSLA clearly lays out a number of repayment options for borrowers in addition to the Standard Repayment Plan. This is a FCRA violation. Oklahoma City, OK 73105. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Representatives are available MORE: Federal student loan servicers: Who are they and what do they do? doxo is not an affiliate of Oklahoma Student Loan Authority. If you want to make additional payments, you can instruct OSLA (online, by phone or by mail) to apply extra payments to your current balance. OLSA policy is stated as such : " You are not eligible to sign up for auto debit because you do not have a payment due. Once you have access you can contact OSLA, access your monthly billing statements and pay bills. ThanksCompany Response: Closed with explanation, Information belongs to someone elseCompany Response: Closed with explanation, Debt is not yoursComplaint: I took out a payment plan in XXXX of 2017 with the University of XXXX, and paid that off in full at the beginning of this year in order to apply to XXXX XXXX College. The Oklahoma Student Loan Authority (OSLA) has been servicing loans for the U.S. Department of Education for more than 50 years. You have a network of support to help you succeed with your federal student loan repayment. All financial products, shopping products and services are presented without warranty. Our goal is to give you the best advice to help you make smart personal finance decisions. Oklahoma Student Loan Authority Thank YouCompany Response: Closed with explanation, Account status incorrectComplaint: OSLA previously had 3 accounts in my name. At Bankrate we strive to help you make smarter financial decisions. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. My formerly delinquent loans have been given a forbearance in the months in which they were delinquent. Boost your business with rewards, perks and more. Pay your Oklahoma Student Loan Authority bill online with doxo, Pay with a credit card, debit card, or direct from your bank account. OSLA is a federal student loan servicer that will manage loans until its government contract expires in December 2024. Please read : This duty extends to all student loan accounts reported to CRAs, regardless of whether they were accurate at one point, because the section requires the furnisher both to " update '' accounts as well as to " correct '' those that were erroneous when submitted to the CRA. Jim Bartlett - Director - Finance and Accounting - Oklahoma Student This helps you stay in good standing to avoid default. ECSI is a servicer for borrowers with federal Perkins loans. Active, Closed, Whether an Organization is for profit or non-profit. However, the servicer has received mixed consumer reviews as an example, there are dozens of concerns cataloged in the Consumer Financial Protection Bureaus (CFPB) complaint database. Oklahoma Student Loan Authority Review: What Borrowers - LendingTree Here are a few things you should know about this company including Oklahoma Student Loan Authority reviews from customers and the options available to repay your education loans. I need this off of my report ASAP.Company Response: Closed with explanation, Trouble with how payments are being handledComplaint: Hello, I am an american Citizen living and working abroad and am unable to pay my student loans due to XXXX not acepting payments from foreign accounts. That document stated that it was a profile created by XXXX. You have money questions. Such a policy is a predatory lending practice because it reduces the likelihood of paying down the balance of the loan ; therefore, increase the amount of interest the company can collect from students. While the original report of delinquency was correct, 623 ( a ) ( 2 ) requires OSLA to update the credit report by removing the negative report and showing the payments as current. It also, however, has the legal responsibility to update the reports as new information is available. Find an expert who knows the market. Oklahoma City, Oklahoma Area Sales Associate . Federal Student Aid; Financial Aid Need Estimator; Free College Tuition - Oklahoma's Promise; Guaranteed Student Loans; Oklahoma College Savings Plan; Oklahoma Money Matters; Oklahoma Student Loan Authority; Paying Back Student Loans; Scholarships and Grants; Student Loan Calculator; Types of Loans Were transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. However, this does not influence our evaluations. Today, the Oklahoma Student Loan Authority services more than 1.2 million Direct Loan borrowers. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Fitch Ratings - New York - 16 Jul 2021: Fitch Ratings has affirmed the ratings of all outstanding notes for Oklahoma Student Loan Authority (OSLA) Series 2010A, 2011-1, and 2013-1. The Oklahoma Student Loan Authority was created in 1972 as a public trust by the Oklahoma legislature for the benefit of the State of Oklahoma. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Oklahoma Student Loan Authority - Education Finance Council - EFC Make online payments. It's XXXX and they never thought of reaching out via phone or email. [1] https://apps.web.maine.gov/online/aeviewer/ME/40/f6b4d5be-f7ef-412b-9966-e323ad6443a0/a3db2f97-5a75-4217-9982-873343015f4b/document.html, 613 Williamson StreetSuite 201Madison, WI 53703, 936 N 34th StreetSuite 300Seattle, WA 98103. If you have a federal student loan, it may be serviced by the Oklahoma Student Loan Authority (OSLA). If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Process monthly payments and extra payments. At LendingTree, we are committed to providing accurate and actionable content that helps you make informed decisions about your money. Revenue: $5 to $25 million (USD) Competitors: Unknown. A Red Ventures company. 525 Central Park Dr. Suite 600, Oklahoma City, OK, US 73105 2023 Bankrate, LLC. At the time of enrollment and prior to attending I notified the register and financial aid department that I was a XXXX dependent through Title 1 and my parent was a recipient of Social Security. If you were impacted by the Oklahoma Student Loan Authoritydata breach, you may consider taking the following steps to protect your personal information. The Department of Education is in charge of issuing federal loans to college students, but once repayment rolls around, they rely on third-party servicers to manage borrowers repayment. The default has been on my credit report, which has resulted in XXXX and equal opportunity for housing, employment and education. PDF State Debt Report - Oklahoma.gov You can also check your credit reports at AnnualCreditReport.com. I never took out a federal student loan, and this is saying that I owe {$4000.00} which is almost the exact amount I paid to University of XXXX. Compare cards in one place to find the one for you. Wednesday, XX/XX/XXXX. If you want to make additional payments, you can instruct OSLA (online, by phone or by mail) to apply extra payments to your current balance. editorial policy, so you can trust that our content is honest and accurate. Find out how in this guide to federal and private student loans abroad. Oklahoma College Assistance Program Home Page Free mobile app available on Google Play & Apple App Store, Never miss a due date with reminders and scheduled payments, Pay thousands of billers directly from your phone. From there, youll be able to log in every month and make payments or sign up for autopay. Best, XXXX XXXXCompany Response: Closed with explanation, Don't agree with the fees chargedComplaint: To Whom It May Concern : On or about XX/XX/XXXX, I received notice that the school I was currently attending, The XXXX XXXX XXXX XXXX, filed Bankruptcy, Chapter XXXX. so you can know the right questions to ask. While its based in Oklahoma, it services loans for borrowers across the country. Oklahoma Student Loan Authority (OSLA) Overview | Bankrate On XX/XX/2018, I contacted OSLA 's customer service. The total amount of student loan debt has increased to $1.77 trillion. To determine if OSLA is your loan servicer, you can log into your Federal Student Aid (FSA) account, where your loan service will be identified. Oklahoma Student Loan Authority - Aidvantage Edfinancial Services (took over GSMR portfolio). Our editorial team does not receive direct compensation from our advertisers. What OSLA student loan borrowers need to know - Yahoo Finance Your credit reports will list all of the companies that service your student loans. The Loan discharge was not a topic we talked about during the meeting. If youve taken out multiple student loans, you may have multiple servicers. This rating has decreased by -6% over the last 12 months. Learn about doxo and how we protect users' payments. Pre-qualified offers are not binding. Oklahoma City, Oklahoma Area Chief Financial Officer Critical Technologies . As soon as the vendor became aware of the issue, they informed the Oklahoma Student Loan Authority that its cybersecurity team took immediate action to secure the information system, block the suspicious activity, fix the vulnerability and launch an investigation with third-party forensic experts to determine the nature and scope of the activity, and informed the federal Department of Education who in turn notified law enforcement. Whatever youre used to handling on its website is likely to move to the FSAs new one-stop shop servicing platform, Next Gen, in the future. Servicers are there to help you, but they may offer choices that are best for the company, not the borrower. If your loan payments havent begun or youre not sure which company is your servicer, log in to My Federal Student Aid to find out. On XX/XX/2018, I logged back into my account and noticed that while the total amount of the loan was similar, it had retroactively been divided between Loan 1 ( a 5.3 % interest rate ) and Loan 3 ( a 6 % interest rate ), despite OSLA sending me documentation ( the quarterly account summary mentioned above ) stating that only Loan 1 was outstanding. You are likely to remain with OSLA until the end of 2024 unless you act to switch student loan servicers. ( 5 ) The OSLA Loan history is incorrect no letters were mailed in efforts to notify me ( 6 ) Wages were garnished for a loan that should have been discharged According to the correspondences received OSLA and XXXX offered me a predatory loan that has following me over 11 years and in act of retaliation refused to communicate, resolve, and discharge the matter as promised by their letter. OKLAHOMA STUDENT LOAN AUTHORITY - 17 Reviews - Yelp Still, no student loan servicer is perfect, and OSLAs negative reviews may be the result of a minority of disgruntled borrowers. Industry: Banking & Lending. The breach affected individuals whose students loans are serviced by the Oklahoma Student Loan Authority (OSLA) and Edfinancial Services (Edfinancial) and compromised the names . No endorsement has been given nor is implied. Find out how Federal Student Aid partners with loan servicers to be here when you need help. 525 Central Park Dr Ste 600. We thoroughly fact-check and review all content for accuracy. Federal Public Service Student Loan Forgiveness. doxo is the simple, protected way to pay your bills with a single account and accomplish your financial goals. Eliza Haverstock is a lead writer and spokesperson on NerdWallet's education team, where she focuses on student loan repayment and college alternatives. When evaluating offers, please review the financial institutions Terms and Conditions. Youll be notified when a loan servicing transfer happens, and youll manage payments with the new servicer. Box 18475 https : XXXX To be clear, OSLA does have a legal responsibility to accurately report payments as paid or not paid. Our opinions are our own. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. My inability of payment was a known fact by the XXXX administration and student loan department based on my enrollment factors and verbal notification. State of Massachusetts- Ombudsmans Student Loan Assistance Unit. Read more, Eliza Haverstock is a lead writer on NerdWallet's student loan team covering loan repayment and alternatives to traditional four-year degrees. The Education Departments goal is to eventually have all borrowers, regardless of their servicer, to make payments via StudentAid.gov. There is no recent news or activity for this profile. On July 21, 2022, the Oklahoma Student Loan Authority discovered that its loan servicing system and customer website portal provider, Nelnet Servicing, LLC, had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed. All sounds have since be consolidated with another company. . She joined NerdWallet in 2014. Welcome to the new OSLA website for our borrowers. OSLA hours of operation: Monday 7 a.m. - 8 p.m. CT; Tuesday and Wednesday 7 a.m. - 7 p.m. CT; Thursday and Friday 7 a.m. - 5 p.m. CT. U.S. Department of Education - OSLA This influences which products we write about and where and how the product appears on a page. The Oklahoma Student Loan Authority (OLSA) is one of these federal student loan service providers. Headquartered in Oklahoma City, Oklahoma, the Oklahoma Student Loan Authority has serviced more than $1.6 billion in student loans. printterms - OSLA Use this tool to find out what might work for you. SCOTUS blocks Biden's debt relief plan: What's next for borrowers, When do student loan payments resume? Payments restart October 2023, Student loan changes you should know: Key questions answered, Get your loans out of default: The latest on Fresh Start. Carefully review the breach notice and retain a copy; Enroll in the free credit monitoring service provided by the Oklahoma Student Loan Authority; Change passwords and security questions for online accounts; Regularly review account statements for signs of fraud or unauthorized activity; Monitor credit reports for signs of identity theft; and. Created in 1972, OSLA originated and owned Federal Family Education loans (FFEL) before the program ended in 2010 and has since remained of eight federal loan . Choose the best home insurance company for you. https://apps.web.maine.gov/online/aeviewer/ME/40/f6b4d5be-f7ef-412b-9966-e323ad6443a0/a3db2f97-5a75-4217-9982-873343015f4b/document.html. And i need that Fox. Oklahoma Student Loan Authority | LinkedIn So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. By that point, the OSLA portfolio will be transferred to other servicers and affected borrowers will be notified of the servicer change. It is common for some problems to be reported throughout the day. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Texas Guaranteed Student Loan Corporation 3500 Wadley Place, Building C Suite 303 Austin, TX 78728-1244 Ms. Felecia M. Anthony 1-512-219-4572 The classes were originally supposed to last until XX/XX/XXXX and the school officially closed at the end of XXXX. On XX/XX/XXXX, OSLA sent me my quarterly account summary confirming that I only had one loan outstanding ( loan 1, group A ). This includes cautioning borrowers about third-party student loan debt relief offers and outside credit repair services. OKLAHOMA STUDENT LOAN AUTHORITY (doing business as OSLA STUDENT LOANS SERVICING) is an entity in Oklahoma City, Oklahoma registered with the System for Award Management (SAM) of U.S. General Services Administration (GSA). OSLA can deduct your payments automatically from your bank account. However, if, after talking with an OSLA representative, you still want to file a complaint, there are several places you can go: If filing a complaint doesnt bring you any resolution to your problem, the final step you can take is to file a dispute with the Federal Student Aid Ombudsman Group. On August 26, 2022, the Oklahoma Student Loan Authority began notifying individuals whose information may have been impacted. I have requested they remove my numbers but they continue to call.Company Response: Closed with explanation, Trouble with how payments are being handledComplaint: My loan servicer is : Oklahoma Student Loan Authority. Monticello, KY 42633. Read in-depth credit card reviews to find out which cards have the best perks and more. Who are Oklahoma Student Loan Authority 's competitors? P.O. Register for online access to your account. Oklahoma Student Loan Authority down? Current problems and outages If OSLA is your student loan servicer, heres what it can help you do. The Authority performs loan servicing functions under the registered trade name "OSLA Student Loan Servicing TM." You have a network of support to help you succeed in repaying your federal student loans. Recently, OSLAs website was redesigned, making it easier for borrowers to navigate and use. The Oklahoma Student Loan Authority was created in 1972 as a public trust by the Oklahoma legislature for the benefit of the State of Oklahoma. Logos and other trademarks within this site are the property of their respective owners. Prior results do not guarantee a similar outcome. The Oklahoma Student Loan Authority is an eligible lender in the . You can visit StudentAid.gov to see a list of our trusted federal student loan servicers. This access is believed to have begun in June 2022 and continued until July 22, 2022.
oklahoma student loan authority