Attention Sallie Mae Borrowers
May 14, 2008 @ Student Loan Consolidation Hot Topics from jrudy
If you have Sallie Mae federal student loans, you may want to get in contact with Sallie and make sure that they didn’t report your account delinquent to the credit bureaus. Not late on your payment? Neither were the other 10 million borrowers that Sallie erroneously reported as being delinquent. Some borrowers reported that their credit score dropped 100 points. While Sallie maintains that the mistake only affected borrowers who have graduated payment plans, it may be worth getting in touch with them even if you have a different repayment plan.
Good luck - I imagine their phone lines are going to be pretty busy for the next few weeks.
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