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Sallie Mae

I Co-Signed a Sallie Mae School Tuition Loan for a Friend But They Say They Can’t Pay. – Vincent


Hi, i co-signed a school tuition loan from sallie mae about 10 yrs ago for then a close family friend. I recently applied for an apartment and found out he didnt pay anything and it destroyed my credit. This person has a personal buisness and a BMW and only crys poverty when I beg him to pay his debt. The ... Read More »

    Will My Sallie Mae Student Loan Debt Be Discharged When I Die? – Roz


    will my children inhert my credit card/student loan debt? I am a third way through my masters degree as a part time student I am taking mostly subsized sallie mae loans, which will total about $50K upon graduation. I had assumed that my debt would be dischargable upon my death…but am now seeing that may not be the case…I would ... Read More »

      Mortgage Forbearance for Deployed Reservists? – Karen


      The Soldiers and Sailors act is intended to protect credit during military service but, when looking into forbearance for mortgage during a deployment, the mortgage company (first horizon) indicated that they would report any modification to the credit bureaus. Our household income went DOWN more than 60% as a result of military pay in the reserves– which means we couldn’t ... Read More »

        I Want to Know More About the Private Student Loan Bankruptcy Act of 2010. – Porter


        I did not know I had any debt until 4 years ago when I got a call from a creditor. Apparently my parents had put most of my student loans in my name and took out a credit card and racked up $4,000.00. I paid the credit card, but now my Sallie Mae private loan in $32,000. I live very ... Read More »

          How Can I Lower My Student Loan Payments? – Marq


          I was what people would probably consider a disadvantaged student living close to the poverty income line when I first started college. Financial aid was critical for me to be able to attend college. My real debt started when financial aid officials informed me after the semester had started that I had a large balance in my account that financial ... Read More »

            What Can I Do About My Student Loans? – M


            My student loan debts were accrued sometime in 1993 when I deferred. I had consolidated all my loans by then. Due to inability to find a job, I defaulted. In or about 2003, I was able to gather some certain about $70,000 which I wanted to use to pay off my debt. I think my student loans were around in ... Read More »

              Congress Holds Hearing on Financial Literacy

              Gayle Voyles 1

              The Honorable Dennis McKinney, Treasurer, State of Kansas U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations Representative Moore, Chairman August 24, 2010 Testimony by Kansas State Treasurer Dennis McKinney Good morning Chairman. As Kansas State Treasurer, I believe financial literacy is a national priority. As a result, my office provides a variety of financial literacy ... Read More »

                How to Be Financially Successful When You Graduate

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                Congratulations! You’ve made it through the starving student years and now you’re ready to start a job and earn some real money. You’re probably thinking about all the things you’ll be able to buy, places you’ll go and things you’ll be able to do when those paychecks start rolling in. Not so fast. If you’re like all the people who ... Read More »

                  Are There Any Loan Programs That Can Get Me Back in Good Graces With Sallie Mae? – J


                  “Dear Steve, Hello. I am an IT professional who has been out of work for two years now. At first, I was getting low level jobs which were adequate enough to pay bills. Then, in 2007, I was in a contract that ended abruptly, causing me to go into default on my Stafford loan (Sallie Mae). I found another contract ... Read More »

                    I Enrolled Into Westwood College Online for a Career in Criminal Justice. – Matthew


                    “Dear Steve, In 2007 I enrolled into Westwood College Online for a career in Criminal Justice. I got approved for like $6000 through the school $150/ month while attending the school, plus a Sallie Mae loan for like $7000 which I believe its a loan I must pay back after I graduate. Due to the economy I decided to stop ... Read More »

                      I Think Sallie Mae is Violating My Collection Rights. – Robyn


                      Robyn “Dear Steve, I have a private student loan with Sallie Mae. I got this loan to go to a computer training school in Massachusetts. I now live in California. They are threatening to default if I do not pay $842 by August 8th. I am not refusing to pay them, I am just not able to make the entire ... Read More »

                        I’m a Retired Military Vet That is Tired of Battling Debt. – Gary


                        “Dear Steve, Hi Steve, this is the first time I ever encountered anything like this. I am a retired military Vet. I receive $1650 a month in retirement and I work civil service for the gov’t with an income 70K a year. I have approx 37K in debt. I own a home in Alaska which my wife talked me into ... Read More »

                          What is the Smartest Way to Get In Debt? – Joie


                          “Dear Steve, I am 100% debt free. No mortgage. No car payment. Nothing owed on credit cards. No student loans, even though I have a four year BFA from a reputable school. I’ve got less than $10k in savings but it’s growing. I make approximately $29k a year. I even have money in a growing 401(k). I have been extremely ... Read More »

                            My Husband and I Are In Over Our Heads. – Vicki


                            “Dear Steve, Help! My husband and I are in over our heads. We have about 20,000 in credit card debt, a school loan of 33,000 in collections, and we are short about 1500 a month in income in order to pay all our bills. We are currently not paying credit cards and school loan and are just scraping by. My ... Read More »

                              My Divorce Decree Says My Ex-Husband is Supposed to Pay His Student Loans. But He’s Not. – Ana


                              “Dear Steve, In my divorcee decree it states that my ex husband should take a full responsibility for his student loan (that I am a co-signer). 7 years later I got a call from collection agency that he wasn’t paying it. I have no idea where my ex is. What are my options? I do understand that I have no ... Read More »

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