Latest Posts

Sallie Mae

Can Sallie Mae Garnish My Social Security? – Pam

Ready to Collapse

“Dear Steve, I have no taxable income I receive VA compensation for being 100% disabled and Social Security can these benefits be garnished for the debt, and if so once my benefits are garnished am i stuck paying forever and this kid gets away scott free? Do I have any options, like suing him or his parents in civil court? ... Read More »

    Sallie Mae Wants Loan payments to Start Before My Daughter Leaves College. – Jeff

    Ready to Collapse

    “Dear Steve, My daughter is still in college 4 years she has not completed her nursing degree and is switching degree over to social services, the problem is sallie mae states her $19,000 student loan is due for repayment, I understood that aslong as she is in college that student loan payments are deferred for 6 months after you complete ... Read More »

      I Went to Helicopter Flight School and Can’t Afford My Student Loans – Shane

      Ready to Collapse

      “Dear Steve, I went to helicopter flight school and finished in 2007. I have not been able to find a job flying and struggling to pay my bills. My wife left me leaving me with the house and it is 50k underwater. I owe Sallie Mae about 125k in private loans. Is there anyway to file chapter 7 or something ... Read More »

        Sallie Mae Wants to Garnish My Wages – Brandon

        Ready to Collapse

        “Dear Steve, I owe sallie mae $103,500.00 and have paid them $3600.00 for 3 years on the interest but the loan still stands at the same amount. I have a private and a federal loan both equalling to the above amount. I’ve ran into the same problems as everybody on this site that deals with sallie mae which is they ... Read More »

          How Do I Deal With Sallie Mae When Bankruptcy is Not an Option? – Debbie

          Ready to Collapse

          I have $125,000.00 in debt with Sallie Mae Servicing Center, I have been with them for years, but with their high interest rates and principles, I will never pay this off unless I win the lottery. I tried to get loan forgiveness they denied that saying my loan was before 1998. I did not get my teaching degree until 2005 ... Read More »

            My Ex-Wife Was Supposed to Pay Her 100K in Student Loans. I Can’t Find Her. – Patrick

            Ready to Collapse

            Got married in college…wife and I consolidated student loans through the Devil (Sallie Mae). We got divorced…my name is the primary on the consolidation account. I am buried in excess of $100,000 in student loan debt that my ex-wife and I borrowed in college. When we got divorced she was required to pay her portion in accordance with the divorce ... Read More »

              Would It Be Better to Just File Bankruptcy? – Vivian

              Ready to Collapse

              “Dear Steve, Husband became disabled, we were in middle of major addition and remodel to our house. He had been doing all the labor. Already had credit card debt and started using the cards more to maintain lifestyle. Took out 401k loan and used charge cards to finish the house and get it ready to sell. Medical bills are increasing, ... Read More »

                Is It Illegal For Me to Have to Pay More Than Half My Monthly Income to Student Loans? – Kandyce

                Ready to Collapse

                “Dear Steve, I graduated from four years abroad in 2009 with about $180,000 in Private Student Loans with Sallie Mae. On top of my federal student loans and loans sold to the Department of Education, I am currently paying almo0st $1100 a month, on a “2 year, interest only” repayment plan. Sallie Mae’s only other options for me after hours ... Read More »

                  I Need to Consolidate My Private and Government Back Student Loans. – Stephen

                  Ready to Collapse

                  “Dear Steve, I’m 3 years out of school and have both private and non private loans from Sallie Mae that is about $90K. My payments are about $800 a month. Is there any third party companies that can help me get a lower monthly payment on my student loans with Sallie Mae? I have tried applying to all different repayment ... Read More »

                    I Cosigned for Student Loans for a Friends Son. How Can I Get Out of This? – Pam

                    “Dear Damon, Cosigned for student loans for a friend of mine son since then she been laid off and it was more than a yr after the son graduated before he found a job. Sallie Mae has been coming after me hard for this debt, I lost my home in 2010, also filed bankruptcy the same year. The friend is ... Read More »

                      How Does My Husband Get Back His Tax Refund as an Injured Spouse? – Regina

                      “Dear Jim, I have lived in Phoenix arizona since 2003. Attended college in 2003 took a LOA went back in 2005. Have not had any income since 2003. I Was not able to complete course (I know has no bearing). I have been married for four years and I do not work and have no intention of working. I do ... Read More »

                        I Am Afraid ECMC is Going to Garnish My Wages for an Old Sallie Mae School Loan. – JoAnn

                        Ready to Collapse

                        “Dear Steve, I have a 24 year old student loan that started out at $2,300 and is now over 10,000. Sallie Mae had the loan and kept some of my taxes years ago. 5 years ago I put it on a Bankruptcy not knowing it was not discharged. Now ECMC has the loan I tried to get it out of ... Read More »

                          I Co-Signed on a Loan for My Son to Attend Pilot School But It’s Closing. – Jake

                          Ready to Collapse

                          “Dear Steve, I co-signed on a $50.000 loan for my son to attend pilot school. The loan was taken out with Salle Mae. After one year the school filed chapter 11 bankruptcy. And it is looking like it will now go to chapter 7. My son had only used up 12000 of the loan. The balance of 37000 which the ... Read More »

                            I Signed Up With New Beginnings But Still Owe a Lot of Debt. – Lorelyn

                            Ready to Collapse

                            “Dear Steve, I have 42, 000.00 ( private 10,000.00) remainder sallie mae student loans (3,700.00 ) taxes for 2010 because I had to increase my withholdings to make my monthly expenses. (4900) Amex in collections received summons- March 2011 (4900) Discover Card collections- (10,900) Bank of America in collections. Signed up for debt settlement last year with New Beginning Financial-I ... Read More »

                              Is It Possible to Settle a Sallie Mae Student Loan?

                              Ready to Collapse

                              “Dear Steve, My daughter attended a private university here in san francisco, University Academy of Arts, and obtained a Bachelor Degree in Merchandising in 2009. She borrowed the money from SallieMae for $56,489.19 and I’m (mom) the co-signer. Loan Amount $43,454.00 – Current Principal Balance $56,489.19 Loan $5,000 – interest 6.250% – Principal Balance = $7,583.61 Loan $9,000 – interest ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.