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Student Aid
High-Interest Student Loans Need Tighter Scrutiny, Groups Say
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Bankrupt Helicopter School Shoots Down Student Aspirations
Student Loan Company Agrees to End Kickbacks to Schools
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Sallie Mae Settles Student Lending Probe
Financial Aid Probe Focuses On Johns Hopkins Official
Colleges Agree to Clean Up Student Lending Practices
NY's Cuomo Blasts "Unholy Alliance" of Colleges, Lenders
Scams Target Students Seeking Financial Aid
Cuomo Widens Probe of Student Loan Industry
House Approves Cutting Student Loan Interest Rates
Study Endorses Cutting Student Loan Rates in Half
January is Time to Submit Student Aid Info
Congress Jacks Up Cost of Student Loans
About Student Financial Aid
Timeline
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Why Does College Cost So Much?

Mary of Tishomingo, OK January 27, 2010

These people work for Sallie Mae and I guess other state guanteed loans. I owed 370 a month for Nov, December and January. I made a phone payment of 500 dollars on 1/5/10, which came out of my bank account immediately and then mysteriously vanished. Got phone calls, night and day, 7 days a week, which should not have happened if they had credited the 500.

Eventually I started raving and told them I was recording the calls, trying to find my payment (I wasn't)but they immediately hung up when pushed to tell me where it was. They mentioned loan #1 and loan #2 (ultimately the same) and said it had been transferred to the wrong one. Got many, many conflicting stories. Finally called the State of Oklahoma and within the hour the 500 was found and applied to my loan. I didn't give up and roll over, but most people would have. How many people have they scammed like this? They would send me no documentation, etc.

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