The Sallie Mae Trap » Complaints http://www.slmtrap.com Disscussion on a vile company Wed, 03 Feb 2010 16:18:47 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Seattle lawyer sues Sallie Mae over collection phone calls – Puget Sound Business Journal (Seattle): http://www.slmtrap.com/Posts/seattle-lawyer-sues-sallie-mae-over-collection-phone-calls-puget-sound-business-journal-seattle http://www.slmtrap.com/Posts/seattle-lawyer-sues-sallie-mae-over-collection-phone-calls-puget-sound-business-journal-seattle#comments Wed, 03 Feb 2010 16:18:47 +0000 Jeff http://www.slmtrap.com/Posts/seattle-lawyer-sues-sallie-mae-over-collection-phone-calls-puget-sound-business-journal-seattle The auto dialer of the dammed be on trial? I can see Sallie Mae finding out what type of degree you received and harass accordingly… perhaps scaling it back a bit for Lawyers. If this is a class action sign me up …

Seattle lawyer sues Sallie Mae over collection phone calls – Puget Sound Business Journal (Seattle):

]]> http://www.slmtrap.com/Posts/seattle-lawyer-sues-sallie-mae-over-collection-phone-calls-puget-sound-business-journal-seattle/feed 0 Incompetent billing people lead to a past due amount of $.26 http://www.slmtrap.com/Posts/incompetent-billing-people-lead-to-a-past-due-amount-of-26 http://www.slmtrap.com/Posts/incompetent-billing-people-lead-to-a-past-due-amount-of-26#comments Wed, 29 Jul 2009 18:08:07 +0000 Jeff http://www.slmtrap.com/Posts/incompetent-billing-people-lead-to-a-past-due-amount-of-26 I put the memo on the check… They still apply the payment wrong.

I send them an email a few times a week telling them how to apply the payments.. They still do it wrong.

So help me god if I get put in the auto dialer again because they can’t read or have a collective IQ of 4 I may just freak out……

I pay about 100$ over my minimum payment every month and they do everything they can to not apply my extra payments to my highest interest loan ( they want to milk it for 30 fricking years…and I only owe $1100 on that loan # @ 13.5 %.)

All I can do now is write government officials and with Sallie Mae’s high campaign contributions how effective do ya think that is going to be?

]]> http://www.slmtrap.com/Posts/incompetent-billing-people-lead-to-a-past-due-amount-of-26/feed 0 To the Sallie Mae people the come here http://www.slmtrap.com/Posts/to-the-sallie-mae-people-the-come-here http://www.slmtrap.com/Posts/to-the-sallie-mae-people-the-come-here#comments Wed, 24 Jun 2009 20:45:01 +0000 Jeff http://www.slmtrap.com/Posts/to-the-sallie-mae-people-the-come-here I know you are here… How sad it is that your company is so pathetic that sites like these exist all over the place eh? So why don’t you do something useful (instead of surfing Sallie Mae hate sites) and instruct your payment processors to read the memos on the checks or get rid of your BS policy to apply payments however the hell you want unless I send a special email to you every fricking time I send a payment in eh? Or stop asking me to enroll in your auto payment plan every time I log in to the website.

Sallie Mae is a crap company and I am very disappointed that my government is endorsing and enabling this behavior.

You could have not put me in your Spanish inquisition style dialer program when it is YOUR mistake that that miss applied a payment. Even though it was YOUR mistake you still refused to remove me from the auto dialer system Satan himself designed.

Jackass…

]]> http://www.slmtrap.com/Posts/to-the-sallie-mae-people-the-come-here/feed 0 They finally made me change my email address. http://www.slmtrap.com/Posts/they-finally-made-me-change-my-email-address http://www.slmtrap.com/Posts/they-finally-made-me-change-my-email-address#comments Tue, 28 Apr 2009 18:30:33 +0000 Jeff http://www.slmtrap.com/Posts/they-finally-made-me-change-my-email-address Well after 1 year of having my email address that proclaims my love of Sallie Mae they finally locked my account and made me change my email address.. I can’t help but think it is somehow related to posting a picture of my email address on the internet.  I fear they will spam me again…relentlessly. It made me chuckle to myself and feel a little better every time I logged into my student loan account. 

]]> http://www.slmtrap.com/Posts/they-finally-made-me-change-my-email-address/feed 1 3rd year Student Loan progress http://www.slmtrap.com/Posts/3rd-year-student-loan-progress http://www.slmtrap.com/Posts/3rd-year-student-loan-progress#comments Fri, 20 Mar 2009 23:45:37 +0000 Jeff http://www.slmtrap.com/http:/slmtrap.com/3rd-year-student-loan-progress/ This is the smallest loan I have with Sallie Mae. When I first started paying this back the interest was over 18% now it is at the incredibly low (sarcastic) rate of 13.125. I have not been paying much more than the minimum, maybe a little here and there but I have recently found that that did absolutely nothing due to how Sallie Mae handles the payments.

Student-loan-original-principal

This is a sub loan as they are grouped together and disbursed when I pay them. They call them billing groups. So after a few years I have made no dent in the principal.  What really gets me is looking at the payment history and seeing 0’s in the applied to principal column (which includes the capitalized interest I believe so that seems a little misleading). So kids…  this is what happens then you get a private unsubsidized loan and don’t make the payments when you are going to school.

Student-loan-payment-history

]]> http://www.slmtrap.com/Posts/3rd-year-student-loan-progress/feed 0 Sallie Mae Email address http://www.slmtrap.com/Posts/sallie-mae-email-address http://www.slmtrap.com/Posts/sallie-mae-email-address#comments Thu, 19 Mar 2009 09:06:04 +0000 Jeff http://www.slmtrap.com/http:/slmtrap.com/sallie-mae-email-address/ About a year ago I could not get into the Manage Your Loans website without a email address on file. Since there was no way I was going to give them a real address and I had to have something to put in their system I made up a nice one for their records… I make up email address all the time because.. seriously everyone wants your email address and it is almost never a benefit to you to hand it out. Unless you like to get junk mail or spam from a company like Sallie Mae. All you need to do is put “something”@”something”.com and it will pass almost every checker that makes sure it is a valid email address. Here is mine.

sallie-mae-email

]]> http://www.slmtrap.com/Posts/sallie-mae-email-address/feed 1 Oh and NO I do not want to enroll http://www.slmtrap.com/Posts/oh-and-no-i-do-not-want-to-enroll http://www.slmtrap.com/Posts/oh-and-no-i-do-not-want-to-enroll#comments Mon, 16 Mar 2009 05:04:17 +0000 Jeff http://slmtrap.com/http:/slmtrap.com/oh-and-no-i-do-not-want-to-enroll/ Typical of Sallie Mae, they ask me to enroll in online billing ( I refuse to give them my email because they have lost all email privileges as far as I am concerned) or Automatic debit (they also don’t deserve access to my bank account info because they are untrustworthy)  every time I log into their website. They must think I will eventually fold and change my mind.  No this will not happen. By Sallie Mae asking me every time this makes me think it benefits them in some way so I am even more unlikely to do it. In fact this makes me hate this company even more its all the little things that add up to this crappy company.

no-enroll

]]> http://www.slmtrap.com/Posts/oh-and-no-i-do-not-want-to-enroll/feed 0 Sallie Mae and extra payments http://www.slmtrap.com/Posts/sallie-mae-and-extra-payments http://www.slmtrap.com/Posts/sallie-mae-and-extra-payments#comments Sat, 14 Mar 2009 05:28:43 +0000 Jeff http://slmtrap.com/?p=51 I sometimes pay a little extra on my student loan and I never noticed this before but what Sallie does is take the Money and hold it for you and then use it to pay next month’s payment. Should you pay them extra again they would hold the larger amount for the next payment. Now times this by how many people would pay a little over not realizing they are playing a little shell game and they could make a ton of money just off the interest of holding your money for you (how nice of them).

I am sending them an extra check this month with the account and specific loan number and instructions to apply to interest & principal. I wonder if they can handle that…

]]> http://www.slmtrap.com/Posts/sallie-mae-and-extra-payments/feed 0 Is it truly necessary to verify my address every time I log in? http://www.slmtrap.com/Posts/is-it-truly-necessary-to-verify-my-address-every-time-i-log-in http://www.slmtrap.com/Posts/is-it-truly-necessary-to-verify-my-address-every-time-i-log-in#comments Mon, 09 Mar 2009 06:20:21 +0000 Jeff http://slmtrap.com/?p=20 Seriously every time I go to the Sallie Mae Manage Your Loans website I have to tell them their contact information is correct..  For the longest time they would not let me proceed without a valid email address and after months of them spamming me I gave them a fake email address.. but not just any fake email address it was a fake worded in such a way I could let them really know how I feel.

 

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