My daughter set up an automatic debit payment for her Sallie Mae loans in June in an amount approved and ok'd by Sallie Mae. She was told the past due amount on the loans would be put into deferment, and on July 7th, the first payment was debited from her bank account. On July 10th, her father ...
All I have to say is this is a trap that will haunt you for a long time. They make it impossible to pay them back because they make the monthly payment so high and will not except anything less. It is unfortunate that govenment loans are out there to HELP with our education but when we graduate ...
If you can avoid getting a loan through these chumps, do! Horrible customer service. My account was disabled and after 20 minutes of being on the phone with the "customer service" team, I'm still trying to explain to the person assisting me what that means. They have no idea what they are ...
I set up a student loan with Sallie Mae. When it came time to pay them back, they kept reversing my payments for no reason. I definitely had the finances to support the checks that I was writing. They would reverse the payments on the day that they were due. Because of this, I would get late fees ...
I recently learned that last year a government agency was set up to look at the student loan industry including private loans. Here is the website Gov/ They also are also taking comments regarding private loans until August 13 at the following site ...
I have spoken with multiple employees of Sallie Mae in an attempt to set up a payment plan for my school loans. Ultimately what I can afford to give them every month is exactly $500 dollars. I set up a plan with an employee (Andre) that automatically deducts $500 from my account on the first of ...