• Report: #1037865

Complaint Review: Sallie Mae

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  • Submitted: Mon, March 25, 2013
  • Updated: Tue, March 26, 2013

  • Reported By: salidacolo — Pueblo Colorado
Sallie Mae
Internet United States of America

Sallie Mae I was getting student loan forbearance , they lied to me, they consolidated loans, didn;t give me forbearance didnt put any of the $60,000 I sent them toward balance Internet

*Consumer Comment: why?

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In spring of 2001 I was r paying PHEAA for my student loans.Sallie Mae sent me an application I called and they lied to me.  They told me still me my forbearance would carry over and my interest rate rate would be lowered if I transferred my loan.   They consolidated my loan and I never was able to get forbearance..  I have paid on my student loan for 14 years now. For about five years I paid $525 a month to Sallie Mae and my balance never went down.  Finally I was able to get the government to take over my loan.  And now I am on a new 20 year payback plan of only 189.00 a month.  I was never able to get figures from Sallie Mae on how much they recorded that I paid, how much went to interest and how much went to balance.  Basically very little has ever gone to balance in the past 10 years as I still have 17 more years to pay.  Now the government is selling my loan to another bank.  I am afraid the same thing will happen.  

This report was posted on Ripoff Report on 03/25/2013 02:25 PM and is a permanent record located here: http://www.ripoffreport.com/r/Sallie-Mae/internet/Sallie-Mae-I-was-getting-student-loan-forbearance-they-lied-to-me-they-consolidated-lo-1037865. 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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#1 Consumer Comment

why?

AUTHOR: mr default - ()

why waste your time???
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