Posted by Fluffy
Sallie Mae has a Subsidiary that they actually OWN, called Student Assistance Corporation (SAC). When Supervisors from SAC inform the consumer of a certain agreement, they should KEEP their agreement(s), but they do not. Then Sallie Mae comes back on the borrower and charges $6,400 or more of interest for a student loan. Also, Sallie Mae wants too much information when it comes to a student experiencing a head-on motor vehicle accident in trying to forgive this student's loan when there is NO income of any kind coming in.
Sallie Mae needs to be regulated and controlled for some Federal Assistance Corporation informing what they can DO and what they CANNOT DO. Supervisors do not KEEP their word/agreements with consumers.