Tag Archives: sallie mae
- Sallie Mae – Consumer Complaint – 5-24-2012
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 [...]
- I Make Hardly Any Money. How Can I Get My Sallie Mae, Direct Loan and Pell Grants Forgiven. – Elle
“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 [...]
- Sallie Mae is Threatening to Garnish My SSDI Income. – Trudy
“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 [...]
- Private University Said I Had a Full Ride Scholarship But Now I Have Sallie Mae Student Loans. – Ryan
“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 [...]
- I’m Drowning in Interest Only Salle Mae Payments
I have three private loans with Sallie Mae the first one is 13.25% and the other two are at 10.25% I’ve been paying them since 2006. I was unable to consolidate in 2006, 2007, 2008, 2010, 2011. I’m at a point were I can only afford interest only payments nothing towards principal because I can’t [...]
- Who Can Sallie Mae Get Away With Not Following Direct Loan Rules?
I am confused on how Sallie Mae gets away with this. My Sallie Mae loans is considered a private loan, so why am I unable to declare bankrupt on it? If they are a true school loan then won’t they allow me to have income based payback option? Why don’t they have to follow the [...]
- I want help to sort through all of it and don’t know where to turn. – Whitney
I am 32 mother of two and was just let go from my teaching position. My question revolves around financial aid. I feel like I can’t find any information about how to handle my financial aid debt. I want to find a credit counselor to help me consolidate my loans but am having no luck [...]
- Is there a way to get student loan forgiveness if I became disabled during my last year in school? – Jade
I have an autoimmune disorder called Lupus, and during my senior year in college, I had a massive flare-up that hospitalized me for 7 months, to the point where I needed chemotherapy! I was released, but suffered from Transverse Myelitis, which is a neurological disorder, caused by inflammation of the spinal cord. I now struggle [...]
- I Have Salie Mae Loans That I Need to Stop From Defaulting. – Kristen
I have about 48,000 dollars in student loans from Sallie Mae. I tried a bit ago to lower my payments or get some sort of relief from them–to no avail. Of course I began missing payments, so it’s been a year and now they are attempting to default and garnish my wages (I just got [...]
- Should Colleges and Universities Be Held Accountable for Private Student Loans They Pushed?
“Dear Steve, I’m 28 and graduated from a private college in 2007 with a Bachelor’s Degree in English. Im about 80k in debt and making $9.25 an hour as a daycare teacher. I am married; my husband makes $11.00 an hour. We have a two year old, rent a house, in the hood, for $600 [...]
- Georgetown University With Old Student Loan Debt
“Dear Steve, Georgetown University professor with $11,000 balance with Sallae Mae dating back to 1993–so I am beyond the 20 year period. Do I qualify for debt forgiveness for the balance? Daniel” The Answer: Dear Daniel, Am I safe in assuming these are private student loans and not government backed student loans? Please post your [...]
- I’ll Pay 36 Years on My Student Loan Debt. Will the Obama Student Loan Program Help? – Sandra
“Dear Steve, I’m 47 years old and have been paying back my student loan for 24 years. At some point, I consolidated my loans with Sallie Mae. It’s categorized as UNSUB; however, I’m pretty sure some of the loans were, in fact, subsidized… but I guess that’s irrelevant. There have been times I’ve gone into [...]
- How to I Get Obama Student Loan Help for My Sallie Mae Student Loans? – Jo
“Dear Steve, I took out a student loan–a federal loan–in 1991 for $6000 at 8%. Due to a long series of financial setbacks, unemployment, a divorce, yada, yada–I now owe over 13K and it’s 20 years later. My loan now belongs to Sallie Mae. I am a single woman, 51 years old, no kids in [...]
- I Missed my Sallie Mae Student Loan Payment. Can They Lower My Payment? – Jo Alice
“Dear Steve, Got loan from Sallie Mae – private student loan I have not been able to paid my student loan since the monthly due amount is higher than expected (almost my whole paycheck) My account is in default right now. I have several loans from them-different amounts. Some of them are in a collection [...]
- My Sister Died and Owed Sallie Mae. My Other Sister Co-Signed. – Arthur
“Dear Steve, My sister (Annemarie) had a Sallie Mae Loan in the amount of around 78,000.00 dollars for education. My younger sister (Diane) co-signed the loan. On 16 May 2011 my sister Anne passed away. I sent a Certificate of Death to Sallie Mae, thinking this would clear the debt, instead they assigned the debt [...]