How do I speak to someone at Sallie Mae?
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How do I speak to someone at Sallie Mae?
Contact Us
- Apply or cosign for a new loan, complete your loan application, or check your application status.
- Application links: Apply for a loan.
- Chat with an agent. Monday–Friday: 8 a.m. to 8 p.m. ET.
- Phone. 855-756-5626 (855-SLM-LOAN)
- General Correspondence. Sallie Mae.
- Subpeona address. Corporation Service Company.
What is the phone number for Sallie Mae?
(800) 472-5543Sallie Mae / Customer service
Who is Sallie Mae Servicing?
Many people get confused over whether they’re the same company or not. Here’s the fast answer: No, but they used to be. These days, they are two separate companies. Sallie Mae is offers private student loans and Navient acts as a servicer for federal and private student loans.
Who can I speak to about student loans?
You should talk to your school’s financial aid office – they will have information about your federal student loan options. Additionally, you can speak with the U.S. Department of Education’s Federal Student Aid Information Center at 1-800-4FED-AID (1-800-433-3243) for information on student loans.
How do I forgive private student loans?
- You can’t get forgiveness with private student loans, unlike with their federal counterparts.
- The primary perks of refinancing private loans are a better rate and a lower monthly payment.
- Take advantage of state loan assistance programs if you work in a specific profession.
How can I get out of a Sallie Mae private loan?
If you want to pay less interest with Sallie Mae, you can sign up for automatic payments. Like other lenders, Sallie Mae offers a 0.25% interest rate discount when you set up autopay. But if you want to save more on interest, the only option is to refinance your loans with another lender.
Does Navient service Sallie Mae loans?
Some people had both Sallie Mae and Navient as their servicers for the same loans. If you took out federal student loans prior to 2014, you may have originally taken them out from Sallie Mae. But as of October 13, 2014, Sallie Mae shifted all federal loans to Navient.
Is Navient related to Sallie Mae?
Today, Navient and Sallie Mae are distinct, separate companies. But they were once under the same umbrella company. When Sallie Mae started in 1972, it serviced federal student loan debt. It eventually took on private student loans, too.
Is Sallie Mae federal or private?
private
Sallie Mae is a company that currently offers private student loans. But it has taken a few forms over the years. In 1972, Congress first created the Student Loan Marketing Association (SLMA) as a private, for-profit corporation.
How can I get my old student loans forgiven?
Income-Driven Repayment (IDR) Plans If you repay your loans under a repayment plan based on your income, any remaining balance on your student loans will be forgiven after you make a certain number of payments over a certain period of time.
Can private student loans be forgiven after 10 years?
No, private student loans can’t be forgiven after 10 years, even if you’ve kept up with your monthly repayments or are facing economic hardship. This also applies to borrowers who are employed in the public service sector, such as working for a not-for-profit organization or within a branch of government.
Will private loans ever be forgiven?
No. Since private student loans aren’t controlled by the government, borrowers don’t have the same protections they do with federal student loans. So, while private loan lenders may have the power to forgive student loans, they’re certainly not going to let you or your student loans off the hook.
