Good Riddance, Bad Data: Fannie Mae

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Do you have student loans with Fannie Mae? Are you on a graduated repayment plan? Check your FICO score. Fannie Mae’s been reporting some bad data:

Lender’s Goof Slams Credit Scores

I love the language MSN uses to downplay this - a “goof,” they call this. I call it lazy and inexcusable. As long as bad data makes it way into your life, and you’re the one left to clean it up (yes, Fannie Mae is “fixing it,” but how long will it take to really be fixed with the credit reporting agencies?), it’s inexcusable.

I admit I’m not a big fan of Fannie Mae anyway. My student loans, with a fantastic lender and manager, were sold to Fannie Mae last year. Since then, I’ve gotten a storm of email spam that I can’t unsubscribe from because, as Fannie Mae as told me, “It’s all one list.” If I unsubscribe from their email updates, I don’t get email updates about my account. With the account update email I must take the twice-or-more weekly spam. Hate Fannie Mae. Dead to me.

I also learned that I don’t qualify for any Bush Bucks. I knew he hated me this whole time, and now I have proof.