Please help to explain Private Student Loan Charge-Offs on my credit report

I went to school and graduated in 2003. Then went to school for a bit at a different school (about one semester in fall of 2003). I only remember taking out two different loans.  One for attending ITT which should have been about 30k in loans and one for Ottawa University which should have been maybe 3K. 

 

After pulling a credit report I am seeing one Positive account for Sallie Mae.  I also see 7 negatives from Sallie Mae and 8 Negatives from USA Funds.   I am not sure why there are so many different items because I have been paying Sallie Mae their money, at least I thought.

 

I really hope someone can answer these questions for me.  This is very confusing and would really like to understand what is happening so I have a lot of questions.  I pray that someone knowledgeable can take the time to clear some things up for me.

 

Below is a table of all the items regarding student loans that are showing up on my credit report and my questions.

 

1.  The two Sallie charge-offs that I actually owe money.
         a.  What are my best options for getting this removed quickly (should I pay this in full or try to rehab?)
          b.  Any websites or resources that will walk me through my options for taking care of these?

 

2.  I was thinking about disputing to verify all the Student Loan line items on my report through a third party law firm.  Is this a good idea to do or a bad idea?

 

3.  How bad of a mess am I in with all these line items on my credit report, when if ever will these drop off?

 

4.  There is an item that is Pay as Agreed, yet it says balance paid or being paid by insurance company. 
       a.  What does this mean?
       b.  Is there any way I can get this removed or report as a positive?
       c. How badly does this impact my score?

5.  I have 3 charge-offs listed as no balance and transfer sold.
       a.  What does this mean?
       b.  Is there any way I can get this removed or report as a positive?
       c. How badly does this impact my score?

6.  All of the loans for USA Funds do not have a status and showing paid collection.
       a.  What does this mean?
       b.  Is there any way I can get this removed or report as a positive?
       c. How badly does this impact my score?

 

 

 

 

Company	Status	Balance	Amount Past Due	Charge Off Ammount	DOFD	Activity Description	Comments	Reporting as
Sallie Mae	Pays as Agreed	31839	0	0	N/A	Â	Â	Positive
Sallie Mae	CHARGE-OFF	1,770	1292	1112	Sep-04	Â	Â	Negative
Sallie Mae	CHARGE-OFF	11447	8416	7136	Sep-04	Â	Â	Negative
Sallie Mae	Pays as Agreed	0	0	0	N/A	Transfer/Sold/Paid	 Balance paid or being paid by insurance companyÂ	Negative
Sallie Mae	Pays as Agreed	0	0	0	N/A	Transfer/Sold/Paid	 Balance paid or being paid by insurance companyÂ	Negative
Sallie Mae	CHARGE-OFF	0	0	0	Sep-04	Transfer/Sold	Â	Negative
Sallie Mae	CHARGE-OFF	0	0	0	Mar-03	Transfer/Sold	Â	Negative
Sallie Mae	CHARGE-OFF	0	0	0	Sep-04	Transfer/Sold	Â	Negative
USA Funds	[Field is Blank]	0	0	0	Apr-07	[Field is Blank]	Paid collection	Negative
USA Funds	[Field is Blank]	0	0	0	Nov-04	[Field is Blank]	Paid collection Â	Negative
USA Funds	[Field is Blank]	0	0	0	Oct-04	[Field is Blank]	Paid collection Â	Negative
USA Funds	[Field is Blank]	0	0	0	Oct-04	[Field is Blank]	Paid collection Â	Negative
USA Funds	[Field is Blank]	0	0	0	Oct-04	[Field is Blank]	Paid collection Â	Negative
USA Funds	[Field is Blank]	0	0	0	Oct-04	[Field is Blank]	Paid collection	Negative
USA Funds	[Field is Blank]	0	0	0	Oct-04	[Field is Blank]	Paid collection Â	Negative
USA Funds	[Field is Blank]	0	0	0	Oct-04	[Field is Blank]	Paid collection Â	Negative

 

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