Yes, she was confident, ambitious and determined to keep going. Despite her shortcomings, she was determined to further her education and make something of herself. She attempted to be what she simply wasn't cut out to be.



And Sallie Mae reminds her of this every day, several times a day, and often several times per hour.



Wednesday, September 15, 2010

Hashing It Out With Sallie Mae



I hashed it out with Sallie.  Supposedly, I can enroll in automatic debit payments and it will bring my account current (well, loans 13 & 14 which are 283 days delinquent and subject to default).   They mentioned this before but there had to be the enrollment, plus three months of automatic debit payments to bring the account current.  I tell her this.  She said no.  Not necessary.  I could enroll, have the $200 payment taken out one time, call to cancel the enrollment, and by that time I will be ok because my loan will be current. 

Me: Really?
Sallie: Yes.
Me: Are you sure?  because that is not the way it was explained to me in the past.
Sallie: Yes.

Ok, so I faxed the papers in the same day.  Now, keep in mind this payment is only on the two loans that are 283 days delinquent, not all the loans, which is why the payment was just over $200.  And being the financial burden I continue to be to my mother, I called upon her for this payment to avoid defaulting.  I faxed the papers and called to follow-up (as suggested) to be sure they were received. 

They weren't.

So I faxed again.

Still nothing.

So I faxed to another number.

Third time's the charm!  Yes, done deal.  Noted in bold at the bottom that it is for the $200+ amount and for olny loans 13 & 14.  Not authorizing any other debits. 

I have since been called by someone saying they needed immediate call back regarding default and yesterday I received a letter in the mail (not in disguise this time) demanding payment of the entire loan in full to avoid default.  Um, yeah.  Not happening. 

So will this work?  Is Sallie playing another game with me?  Quite possibly.  Time will tell.

1 comments:

  1. Tell everyone you know to not ever get a SLM loan they are the biggest crooks in the world and this is the only way to stop them. They charge 3 to 4 times what it cost to get a federal loan.

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