• Report: #86685

Complaint Review: Sallie Mae Servicing

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  • Submitted: Mon, April 05, 2004
  • Updated: Wed, September 15, 2004

  • Reported By:Huntersville North Carolina
Sallie Mae Servicing
http://www.slmfinancial.com/linking_site.html Wilkes-Barre, Pennsylvania U.S.A.
  • Phone: 877-834-9851
  • Web:
  • Category: Loans

SLM Financial, Sallie Mae Servicing Making me responsible for a loan that I did not get an education out of. ripoff Wilkes-Barre Pennsylvania

*Consumer Comment: www.asfb.org

*UPDATE Employee: Loan could be forgiven

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I got a loan from Sallie Mae to enter a Career Training School. The school unfortunately took the money from all of the students, shut its door & ran off in the middle of the night. Sallie Mae's small print said that if I did not finish the school b/c of my own doing, then I will still have to pay for the loan.

I have no problem with that, but since I was not able to finish any of the classes I went to the school for, I should not be entitled to pay off this loan b/c I did not get the service out of it. I was not given the chance to finish any of it! I will be seeking legal representation.

Samuel
Huntersville, North Carolina
U.S.A.

This report was posted on Ripoff Report on 04/05/2004 04:34 PM and is a permanent record located here: http://www.ripoffreport.com/r/Sallie-Mae-Servicing/Wilkes-Barre-Pennsylvania-18773/SLM-Financial-Sallie-Mae-Servicing-Making-me-responsible-for-a-loan-that-I-did-not-get-an-86685. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
0Author 2Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

www.asfb.org

AUTHOR: Marta - (U.S.A.)

Go to www.asfb.org , they have information how to fight this issue...
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#2 UPDATE Employee

Loan could be forgiven

AUTHOR: Joe - (U.S.A.)

There is a fail-safe built into your loan. If your school closes before you finish your degree and there is no other school w/in a secified distance that offers the same or similar degree, your loan will be paid off by the US department of education. Their number is 888-4FEDAID.
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