• Report: #780661

Complaint Review: Sallie Mae

  • Submitted: Fri, September 23, 2011
  • Updated: Fri, September 23, 2011

  • Reported By: Anonymous — Lancaster Pennsylvania United States of America
Sallie Mae
Wilkes Barre, Pennsylvania United States of America

Sallie Mae SCAM, DECEITFUL Wilkes Barre, Pennsylvania

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My story starts with another ripoff ITT Tech......

This school tricked me into signing up for private loans with interest rates of 11-16%. If they would have explained what they were doing or how much my payments would be, I would have never went to the school. I went for Multi Media which was the first year they offered it. They didn't have the proper programs or computers. The textbooks were a joke, written especially for the school.

 ALL ITTs trick unknowing students into horrible financing and poor quality schooling. I learned more for multi media before I even attended the school. I had to go back for a real degree and pay another school so that I could be properly educated.

Most importantly DO NOT SIGN A LOAN WITH SALLIE MAE!!! My 40,000 loan has now ballooned into 70,000 with interest! They want me to pay $866/mo and I don't have that. Who does? That's rent..or a mortgage. I wouldn't mind paying for something that was worth the money, and that I wasn't tricked into...but not this. 

I am not a personal that wishes I could go back in time and "redo" things. With that being said, the 2 years I spent at that school will most likely ruin a major portion of my financial future. I was scammed, screwed, cheated & I want to warn others NOT to make the expensive mistake I did. 

This happened to me because I wanted to further my education as quickly as possible. That's exactly what they rely on, vulnerable students who are looking for a change in their life. Take a really good look around the internet at all of the complaints against both ITT and Sallie Mae. I wish I would have known then, what I know now.

This report was posted on Ripoff Report on 09/23/2011 07:28 PM and is a permanent record located here: http://www.ripoffreport.com/r/Sallie-Mae/Wilkes-Barre-Pennsylvania-/Sallie-Mae-SCAM-DECEITFUL-Wilkes-Barre-Pennsylvania-780661. 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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