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Bookmark or Share- Sallie Mae goodwill letter - myFICO® Forums - 6486770Hello. I am hoping someone can help me. In 2020, I co-signed on a Sallie Mae student loan for a friend. My friend was late with payments in May 2021 (60 days) and June 2021 (90 days). Unfortunately, I was preoccupied with a serious personal problem during that time frame. Of course, my credit s...
- HELP: Private Student Loan Charge Off / Default (Sallie Mae)I found a doctoral program, paid by my employer, and strategized to contact Sallie Mae for an "In-School Deferment". Upon receiving the 10-day default notice in the mail from Sallie Mae, I immediately contacted them to let them know I was in school fulltime (the day I started and the first few days of that 10-day window).
- How can I pay down principal on Sallie Mae student loan?I have a student loan with Sallie Mae and my monthly payment is automatically deducted. I also make an extra payment every 2 weeks (small amount) but it all goes to interest. Seems like I am wasting money with these extra payments. I never see a reduction in principal. Should I stop the extra payments since the whole purpose is to reduce the ...
- How to pay off a Sallie Mae private loan at once?For my loans with Sallie Mae, when I go to make a payment, there is an option to either apply my extra payment to principal or to apply it to my next payment. If you can't find that option when you go to pay online, I would definitely call in and do the payment over the phone so it can be applied correctly.
- Sallie Mae declined me for a student loan. - myFICO® ForumsI was 19 years old, zero credit history - no credit cards, no auto loans, nothing but a checking account - and Sallie Mae approved me for a pretty significant loan - no questions asked, no co-signer required. This trend continued for 3 more years and by the time I graduated in 2010 I owed Sallie Mae close to $50,000 after all the interest piled on.
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