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

Show customers why they should trust your business over your competitors...

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.
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