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Sallie Mae

I Filed Bankruptcy on My Sallie Mae Loan And It Says Insurance Paid. – Lori

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“Dear Steve, I receieved a student loan back in 1984 and in 2006 i filed bankruptcy. my papers say it was discharged but sally mae said i had to pay then they sent it on to nelnet..my credit report says it was insurance paid..what does that mean? what do i do ive been paying this thing forever. Lori” Don’t miss ... Read More »

What is the Best Way to Pay Off Sallie Mae Loans in Full? – Gayle

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Daughter graduated college with $58,000 in student loans (some federal and private) with Salle Mae. Have reading about the many problems people are experiencing, Want to fully pay off these loans but concerned Salle Mae will mess up the payoff. What is the foolproof process for completing the loan payoff? This is your chance to be a hero and help ... Read More »

My Daughter Owes Three Times As Much as Her Sallie Mae Loans Started Out Being. – Robin

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“Dear Steve, My daughter, Robin, graduated from college in 1990 and owed $40,000 in student loans. She consolidated all of her loans with Sallie Mae. Due to difficult circumstances, she defaulted and did not pay for some time. A large amount of interest and fees were added to her debt with them and she ended up owing over $125,000. She ... Read More »

I’m a Victim of Sallie Mae Loan Fraud. What Can I Do? – Randal

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“Dear Steve, Around 6-7 years ago, I cosigned a Sallie Mae loan for my roomate in the amount of $15K and a second one for around $3K. In 2006, I broke off communication with him as he moved back to the UK due to not getting a job in the US. Well, there’s been times that sallie mae has contacted ... Read More »

Chase and Sallie Mae Private Student Loans Have Left Me Anxious, Depressed and Suicidal. – Anastasia

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“Dear Steve, I went to school and graduated with a bachelors degree in 4 sequential years time. During the time I was in school, my father lost his job, my parents had to declare bankruptcy and foreclose on our family home, and my father- as a result of all of these events- lost his mind, could not be brought back ... Read More »

We’ve Got Some Debt and Can’t Afford to Buy a House. – Ross

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“Dear Steve, 10,000–sallie mae, 12,000–car (pentagon federal) we cant afford a house…still renting with large family. Uh, I’ll be honest…I thought I had a question, but after looking at many of your other reader questions, I see that I actually have it pretty good. Your website has made me feel better, although I feel bad for the others. All the ... Read More »

How Do I File Bankruptcy On My Private Student Loans? – Janita

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I have about 67,000 of private student loans to sallie mae. My mom is a cosigner on several loans and Im trying hard to keep them from garnshing her wages. I am currently unemployed. I can make some type of payment but cannot afford what sallie mae is asking for. I was wondering can I filed bankruptcy on my private ... Read More »

Sallie Mae – Consumer Complaint – 5-24-2012

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Consumer Statement: In 2004 fresh out of high-school I decided to go to Culinary school in Las Vegas, NV. I took $15,000.00 out in private loans from Sallie Mae. Now going through the years with less glamorous jobs then I’d though I’d have over this time and using all my forbearance and deferment time. Around this passing Thanksgiving time i ... Read More »

My Sallie Mae Loan Was Discharged in My Bankruptcy But They Still Are Trying to Collect

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“Dear Steve, I signed as co-signer for a Sallie Mae student loan for a friend back in about 2003 and in shortly after that about 2005 never had further contact with this person. Later found out that they defaulted in their loan, so Sallie Mae started sending me collection letters. In Nov. 2007 I filed for personal BK 13 in ... Read More »

I Make Hardly Any Money. How Can I Get My Sallie Mae, Direct Loan and Pell Grants Forgiven. – Elle

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“Dear Steve, 1. I’ve been homeless and rented “rooms” for the last 3 years. Moved somewhere between seven and nine times. 2. I’ve been mostly unemployed, have had a great difficulty finding jobs because I was a stay at home parent most my adult life, and when I did find work the pay was 8.50 and hour on the average. ... Read More »

Sallie Mae is Threatening to Garnish My SSDI Income. – Trudy

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“Dear Steve, A few years ago I co-signed two private student loans for my son through Sallie Mae. I am disabled and receiving SSDI. My son has now defaulted on the loans and Sallie Mae is demanding payment from me. The loan is now with a collector who is threatening judgement. I live in the state of Hawaii. My son ... Read More »

Can I File a Chapter 11 Bankruptcy on My Sallie Mae Student Loans? – Stephanie

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“Dear Steve, I have 150K in student loans from Sallie Mae. I borrowed only 100, but 50K is interest. My current loan payment every month is 1000.00 and that is JUST interest. I have called and called them to try and get a lower monthly payment, and the only thing they will do for me is make them interest only ... Read More »

Should I Deal With Sallie Mae Directly to Settle My Student Loans? – Kris

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“Dear Steve, After graduating in 1996, I owed Sallie Mae about $17000. Over the past 16 years I have worked as a special education teacher, coached, worked with autistic kids, been a lifeguard, waited tables/bartended, worked as a travel agent, done landscaping and currently install solar panels. Although I have had periods where I consistently made payments to the above ... Read More »

DebtPro123 Said They Could Settle My Private Student Loans and Hasn’t

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“Dear Steve, I signed up with Debtpro123 in June 2010 to settle my student loans. I owe about $100,000 in private loans. The monthly payments were huge but they were supposed to settle my loans in the Phase 2. The end of April is my last payment but my loans have not been settled. They are in collections and I ... Read More »

Private University Said I Had a Full Ride Scholarship But Now I Have Sallie Mae Student Loans. – Ryan

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“Dear Steve, Hello I am Ryan, a recently graduated college student, and I just found out that I have $12,500 dollars in student loans. When I was first starting college for my BS in Business Administration the dean promised me a few things. First, he promised that the universities career placement program would place me at an entry level management ... Read More »

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