Entries Tagged as 'Private Loans'

Saturday, March 24th, 2007

Sallie Mae Can Mail Letters Afterall, Just not to companies!

So apparently the person in charge of mailing letters with loan payoff amounts to consolidation companies is different form the person in charge of sending them to individuals.  In yesterday’s mail we got Amber’s loan payoff amounts for federal and private, valid for 10 days.  Now we need to call AES and Wells Fargo and [...]

Wednesday, March 21st, 2007

Yet Another Call to Sallie Mae

After talking with a Lawyer who thinks Sallie Mae is trying to hold our loans captive, he asked for us to call Sallie Mae and request the payoff amounts in order to pass them along to Wells Fargo and AES via him.
Amber called Sallie Mae tonite with much dismay and spoke to Ken.  He said [...]

Wednesday, March 14th, 2007

Sallie Mae Doesn’t Allow Consolidation To Wells Fargo

My wife is on the phone with Sallie Mae right now because they will not send her payoff amount to Wells Fargo. Again we cannot have anyone be in charge so each time we call we get a new rep who gets the whole story.
The rep (female no name recorded) just told my wife [...]

Wednesday, March 14th, 2007

Private Loan Consolidation Update

Sallie Mae is truly evil incarnate!  Not only will they not release payoff amounts for our private loans.  After we initiated the process Sallie Mae called us and warned us that some companies try to scam student loan borrowers by pretending to consolidate and did we really want to leave the hell hole of a [...]

Sunday, March 4th, 2007

Sallie Mae Screws Another

Reader Email:
I feel your pain in dealing with slm.In Nov my wife and I filed chapter 7.We did not file on my slm loan since me and my lawyer thought that I could not file on a student loan  (WRONG).Just so happens that the career loan I had you can file on.So when they got [...]

Friday, January 26th, 2007

The Private Loan Consolidation Begins

We have recently received word that we are approved for a private loan consolidation with Wells Fargo. We will be filing the paperwork very soon and I am anxious to see how Sallie Mae handles this latest request for consolidation. I will be posting the ongoing status of the private loan consolidation as [...]