Phone: 8882725543 | Found 58 reviews / complaints

Sallie May
Po Box 9532

I was approve for a parent loan for my daughter in 2008. I was under the assumption that student loan payment begin after the student graduates. Well I was wrong I receive a notice in Aug 2009 that I had a pass due payment of 1000 and I was six months pass due. The problem i have was I was not even notified by mail that I was 30 day pass due. When I contact sallie mae company I was told that I can get the payment suspended all I had to do was send some documents to the school to show my...
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Sallie Mae
Made payment arrangements, then was charged excessive late payments stating that no agreement was made even though I have proof

I was not able to make the original payments that I agreed upon so I asked if I could make payment arrangements and they agreed. They sent me a letter with the new arrangements stating that "This payment schedule replaces all previous schedules for this loan" They further stated that when this signed statement is received your new statement will be mailed. The statement was signed and sent the next day, after receiving a bill for the original amount, I contacted them again and was told to...
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Sallie Mae
Ripoff promise students who consolidated their student loans dividends which they have no intention in giving Use lies to state that the student is ineligible when it is time to provide the dividend

Sallie Mae is still providing false advertisement to new graduates consolidating their student loans. I would like for the Better Business Bureau to look into this scam. My concern is that there are other students who have fallen for this scam the same as I have. The Hook: I consolidated my student loans with Sallie Mae because they promised that after the first 3 months of payments on time (letter dated 10/28/05), I would receive a 3% credit based on the original principal amount of my loan....
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Sallie Mae
Cashed my money orders, and didn't post to my account until 20 days later so they could charge me late fees.

I have never been late on a payment with Sallie Mae. They sent me a letter saying that I missed a payment, So I called and they sent my call to India and they didn't seem to understand, so i sent Sallie Mae all my payment stubs to prove I was making my payments on time and they would not take off the late fee!! Then I seemed to realize what they were doing. I would make my payment and they were not posting it on my account until 26 days later so they could charge me a late fee. When I called to...
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Sallie Mae Servicing
Sallie Mae rip off of $47,000 in interest lost because I reduced my loan from 30yr to 10yr.

I borrowed $70,000 in the early 90's to pay for grad. school. Sallie Mae approached me to consolidate my multiple loans into one loan to make it "easier" for me to manage. I locked in my loans at 9%. Since the payment was too large I spread it over 30 years. Sallie Mae did not communicate clearly to me that I could never refinance to get a lower interest rate or that if I changed the terms of my loans from 30 years to 10 years that I would lose whatever amount I paid to them in interest. As of...
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Salliemae Financial
Bad customer services

A little over 2 years ago. I was receiving coupon payment books. Usually around the time the coupons were running low a new book was sent automatically. One time I had to call and I received it on time for my next payment. In June 2001 I didn't receive my coupon book so I called and spoke to a rep, (I think his name was David but not sure,however after this incident that happend I made sure I got names),he said my next payment wasn't due until August. I asked about July and he said,"it shows...
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Sallie Mae, Inc.
Sallie Mae is cause me to lose my job by false reporting.

I have an issue with Sallie Mae as they ripped me off on the interest rate on my student loan. I did a loan consolidation for 3% with Sallie Mae in June of 2005. After I sent in the paper work, Sallie Mae dragged their feet on the consolidation. After dragging their feet for several months Sallie Mae then stated in a 3 different letters to me that they were have problem with the consolidation due to "problem with reference" or "where having issues with reference" or "lack of references", even...
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Sallie Mae
Charged me over $9.000.00 for six months of my child attending Westwood. He left when he found that he could not transfer his credits. When the representative came to our home to register my son

I was charged by Sallie Mae $11,282 and my son was charged by them $3,500. I am still paying $76.08 . My son quit school after 6 months due to the fact that the Westwood Representative told us that credits from their school could be transferred. We found out after he was attending for awhile that the Representative did not tell us the truth. I am glad I am able to file this report....
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Sallie Mae
Incompetence with handling loans and poor communication to consumers

I have had a student loan with Citibank since 2000 and have always paid on time. I have enrolled in classes several times since I started paying my student loan, and when I enroll, Citibank has always deferred my loan automatically until I finish. I enrolled in classes in August 2011 and when I did not receive my loan statement I was not surprised because it was Citibanks standard policy. However, when I did not receive anything from them at the beginning of 2012 I was concerned. I did not...
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Sallie Mae
Accounting Practices and Finance charges ,interest, excessive

Sallie Mae uses uncouth formulas to calculate the monthy interest on what is supposed to be a simple interest loan. They also apply payments incorrectly, especially when extra monies are paid forth on the loan to pay down the principal. The record keeping is very erratic and the payment schedule is not consistant in keeping of what has been paid. It is my belief that Sallie Mae has administratively screwed me out of at least $1800.00 dollars and possibly more over the years that I have been...
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Sallie Mae Student Loans
Principal/Interest Scam

So I'm at the point in my life when I'm trying to tackle my student loan debt. Prior to the past few months I've been making my required student loan payments to Sallie Mae and always added a few extra dollars (not a whole lot). I have been paying these loans since 2006. I started doubling my payments when I can and sending an extra $100 here and an extra $200 there in hopes of lowering my principal as quickly as possible. So after a few months of this I went on Sallie Mae's website to view my...
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Sallie Mae Inc. - SLM Corporation
Department of education Mislead and faulseafied elctronic signatures

After being turned down because my credit balances were too high they processed two loans in my name selling one load to the department of education jacking up the price of the loans. I did try to cosign for a loan for my son but we were lead to beleive that the loan would be paid after he gaduated. Now I'm receiving calls every week for payment I had the payments defered for 6 months but now the intrest and priciple have gone up....
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General Revenue Corporation, Sallie Mae
Sallie Mae, uses GRC to collect on unvalidated debt

My husband is a victim of Sallie Mae. Let me explain, he attended UOP and dropped out due to an ulcer in 2001. He was paying his debt through Edfund and Windham. After the garnishment stopped with Edfund/Windham, Sallie Mae started garnishing without sending prior notice. He called several numbers and finally got a hold of GRC who in turn told him that he was in default (once again without sending paperwork) and he would need to contact Sallie Mae to see how to get the loan out of default....
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SLM/AKA SallyMae
Sallymay, sallymay career training I applyed for a career loan through a school and was ripped off by the school which was neither registered or licensed.

This report is in regards to a student career direct loan received from sallymae in the amount of $7000.00. The owner and teacher of the school applied for the loan so that I could attend her beauty school, after about three weeks in the class I had never received any kind of books to study from, there was no written curriculum I recieved very few supplies to work with. This was a six month course, when I began to question her about this she became Irate , dismissed me from the class for the...
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Sallie Mae
Steals Your Money

From day one, Sallie Mae has never served as a great customer service oriented company. I was the student signer on the loans and my father had co-signed. My parents wanted to take care of the loan and started making payments even thought I was in college and the loans were "deferred." It is now 5 years later and payments are still being made. However, because they would not consolidate the different loans, if the payments were not indicating which sub-loan number it was, the money was put...
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Salliemae
Unauthorized Payments

Sooo...I've heard a lot of horror stories...the ones where people are paying too much...being called 10 times a day...threatened...hung up on...even unauthorized payments being taken from accounts...but never did I think the same company that had the nicest representatives when I was borrowing the money...turn around and make these horror stories my REALITY! I am now doing the investigating MYSELF! Another female wrote a report similar to what I'm writing last year in May and I am taking her...
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Sallie Mae, Inc
Sallie Mae Harasses And Uses Illegal Practices To Collect Debt , refuses to send forms, refuses to show payments made, calls family and friends to get their money in an attempt to shame me into paying

Well, I signed up for online school and I went, and I do not refute that I owe the debt. I do, however, have no doggone money. I started working doing truckdriving and I paid some payments in the full amount while I was working, then I got fired. Now I have no home, I live in a room in my Dad's house and I have no phone anymore (couldn't pay the bill). I finally got hired after two months at a preschool driving the schoolbus. So I explained to these people over and over and over again that my...
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Sallie Mae
I bought out this loan and there saying it,s a goverment backed loan it,s not

i bought out this loan over 2 yrs ago..i wouldn,t give them my bank in fo so they told me to send money orders.i sent 1 money order for 700.then i opened a bank of america acc for the next 2 payments 0f 700. the buy out was 2100 in total. then i strarted getting very very threatening phone calls from a man named rocky..i changed my number they were scaring my mother..then i started getting letters say they were attaching my pay check. they said it was a goverment backed loan..it isn,t i paid...
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