How do I speak to someone at Sallie Mae?

How do I speak to someone at Sallie Mae?

If you need to talk to a live customer service representative in Sallie Mae you need to dial 1-800-472-5543.

Will Sallie Mae remove late payments from credit report?

Typically, a late student loan payment stays on a person’s credit report for seven years. Even if the person chooses to make the payment later, but it’s after the federal student loans have defaulted, there is no way to get it back off the credit history.

Why is Sallie Mae bad?

The Problem With Sallie Mae or Navient Loans They are private loans. Sallie Mae and Navient offer few to no options for repayment and do not offer any kind of income-based repayment plans. No student loan is protected by bankruptcy—not private loans, not federal loans, none of them.

Are Sallie Mae loans considered federal loans?

Sallie Mae started off under the federal government and provided loans through the Federal Family Education Loan program, or FFEL. Since then, Sallie Mae no longer services federal loans and provides only private student loans. » MORE: Types of student loans: Which is best for you? Most student loans are federal.

What happens when you dont pay Sallie Mae?

Unpaid student loans can drag down your credit report Loans become delinquent after you miss your payment due date. Late payments may be reported to consumer reporting agencies, which can impact your credit score. And if your loan goes into default, it can stay on your credit report for up to seven years.

Can you go to jail for not paying student debt?

Can you go to jail for not paying student loans? No, you won’t be arrested or go to jail for not paying your student loans.

How do I get Sallie Mae off my credit report?

All you need to do is file an account dispute with each of the three credit bureaus, and they’ll be required by law to follow up with the loan servicer within 30 days. If the servicer confirms the corrected information to the bureaus, the negative information will be removed.

How do you get a student loan delinquency off your credit report?

There are typically three options for getting out of default: 1) pay the debt off in full, 2) consolidate your student loans and begin making payments, or 3) rehabilitate your loans. I chose to rehabilitate my loan.

Can Sallie Mae be trusted?

Is Sallie Mae legit? Sallie Mae is a highly recognized name in the private student loan industry. With multiple programs, including ones for part-time students, and its 95% approval rate for students who use a cosigner, many students should be able to find a solution that works for them through Sallie Mae.

What address to send payment to Sallie Mae address?

Include the remittance slip and 16-digit Loan Number with your payment to ensure it is properly applied to your loan.

  • Make your check or money order payable to Sallie Mae and mail your payments to the payment address.
  • We cannot process instructions written on the check or remittance slip.
  • Payment address: Sallie Mae P.O.
  • What is Sallie Mae tax ID number?

    Employer ID Number: 522015381. EIN : 522015381 : THE SALLIE MAE FUND INC. An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity.

    What is Sallie Mae?

    Sallie Mae, formerly the Student Loan Marketing Association, is the country’s largest originator of private student loans as of 2019. While the lender was originally formed as a government-sponsored enterprise ( GSE ), it was completely privatized in 2004.