Am I an idiot? Sallie Mae related loan
Posted by Direct-Promise2938@reddit | studentloandefaulters | View on Reddit | 4 comments
So yeah I just got off the phone with a representative who said I owe this loan or else I have to make an arrangement with sali Mae in relation to an attorney. I was pretty pissed since I spoke to them late August regarding the loan of about 13k, me and representative who got my information regarding my living and economic situation results in lower my monthly bill to 102 dollars a month but pay the 1st month to be around 240 since I'll be attending school but I also handed in a in school deferment form to pause the payments for until the semester is over since it's my last semester.
Rush to mid to late October, now, they sent me a paper mail around 15-18, received it today, telling me my loan has defaulted. I was pissed, the card payments didn't go through. I was livid. It was hard for me to focus but yeah he told me that Sallie Mae sent me emails through my email but it got full and now, I didn't pay attention since I don't normally check it and I was sure the payment went through since either was using a debit card. I spoke to him if I could reverse this and he told me to call a number to send them if I was indeed attending school prior to default. Idk I feel like them mentioning an attorney or civil case or whatever is just a scare tactic and he wants to speak to my co-signer to figure out the matter, like what we can currently pay, he's retired, which I already stated months ago. Also now I think about it I already sent them an in school deferment, so they already should know that I am in school.
Funny how they can send me mail for months and months about not making payments, or making phone calls every few days for months! But they can't bother to contact me through either when the payment was first rejected. Fuck this company. He told me it was my responsibility to keep an eye on the payment but he'll I would appreciate a phone call.
Not sure if I should call back or simply ignore, I did say I was going to call back with my cosigner. But fuck, fuck my credit score and it's only 13k, I asked him if I could let it go in collections. Idk what do you guys think? I'm starting to think it was better off ignoring, since every time I'm notified of something and call, it always makes me anxious AF.
ProleDBA@reddit
I hate Sallie Mae so much! If you were in school then it should have been deferred. There is no way it can be in default while you are in class and you should have a grace period of several months once you graduate. They are not supposed to "threaten" to sue unless you are at that point.
I would report them to your state Attorney General and the Consumer Financial Protection Bureau. I would also get an ombudsman involved. This is insane. They are violating everything. Have your schoold finaid department contact them ASAP and tell them you are still a student and they did not process your deferrment and they are not allowing you a grace period after you graduate.
You also should have had forebearance as an option as well. I don't understand this. I am so sorry you are dealing with this.
Direct-Promise2938@reddit (OP)
I just checked my documents that I sent through my Sallie Mae account for my in school deferment form and it seems I filled it out completely except it seems I forgot to put my customer ID number. Would that play a role since I still uploaded the doc through my account?
ProleDBA@reddit
I am not sure if that played a role. They still have your DOB and SS#. I think you should try to get someone to intervene on your behalf since you are still in school.
Direct-Promise2938@reddit (OP)
What dawns at me is that they could've mailed me during September regarding the payments, they could called or texted me regarding this matter since they have my number, but they decided to wait, until mid to late October for this. That's one of things that bothers me.