I stumbled across the 3 Things About Money blog today and I found the author’s post about how she sends micropayments each Friday to Sallie Mae. These payments are made based on whatever she can pull together.
Pulling together one dollar a month extra (204 dollars total over the life of the loan) and paying [...]
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 [...]
Sallie Mae recently pledged 1 million towards programs and agencies in Texas to increase college attendance in the state. They will partner with various groups to give grants and scholarships to students in order to boost college attendance.
This is great and all however, 1 million won’t put many students through school without leaving a [...]
I just came across this press release from last May from Sallie Mae, urging students to check out the company they are going to consolidate to. The presence of borrower benefits can greatly affect the overall payment. The underlying tone of the article is that some companies are unscrupulous and may do [...]
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 [...]
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 [...]
I found this information earlier today. You can use it to get to a rep quicker next time you call Sallie Mae.
Sallie Mae - Student Loans 888-272-5543 Don’t speak or enter anything and you will be transferred to an agent.
Sallie Mae 888-272-5543 Press 00 at each prompt.
Via GetHuman
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 [...]
Thomas Fitzpatrick
c/o Sallie Mae
11600 Sallie Mae Dr
Reston, VA 20190
Thomas Fitzpatrick,
This letter is in response to my wife’s federal loans which your company is currently holding. These three loans are part of a group of loans which we had filed for consolidation in October 2005 and included all of our federal loans. [...]
Albert Lord, Chairman of Sallie Mae unloaded a third of his stock in Sallie Mae just before a news came of cuts from the federal government. He sold 18.3 million dollars worth of stock, roughly 23% of the company. A company spokesman said the sale had been planned for weeks but One can’t help and [...]
