In 2006 I co-signed for my brothers student loan, ONE loan.
Sallie Mae uses electronic signatures via email instead of live signatures.
I found out recently that a SECOND loan (earlier, 2005) was signed without my knowledge. It has my name/social/etc but my mothers phone # and email address under co-signer info. Also has incorrect income, lack of employment info, etc.
I submitted requests to 3 credit bureaus to validate the debt. So far Equifax came back and said its valid because Sallie Mae said it was.
1. is there a statute of limitations for suing to get my name off of the loan I had no knowledge of?
2. on what grounds would I even be able to file a complaint?
1 Answer from Attorneys
Student loans are unique in that and this is off the top of my head that there is no statute of limitations. I would contact Sallie Mae and challenge the debt. Whether it is on your credit report if they think it was you they probably can enforce it...