I have 5 private student loans through Sallie Mae. I currently have only been able to afford to pay for 2 of them that equals to 100 dollars and current on that only. The other 3 have been charged off HICA charge off guarantor but is still reporting to credit bureaus with increased interest. I can not afford to pay the other 3 because I am paying 3 other private lenders, so 8 months ago I had to choose which one I let fall behind and it was the most expensive ones Sallie Mae. Since they have charged these off and given to a collection agency are they allowed to continue increasing interest while reporting it as charged off. I would really like to know what are my options, possible arbitration or anything. I live in South Carolina and need help with understanding my options.