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Weakening Economy Contributes to Sallie Mae’s $159 Million Quarterly Loss
27 October 08 05:17 PM | Student Loan Girl | 0 Comments   

Student loan provider Sallie Mae reported a $159 million loss this quarter as the ongoing credit crisis continues to pose financial challenges for borrowers (“ Sallie Mae Reports $159-Million Loss and More Delinquencies by Borrowers ,” The Chronicle of Read More...

Filed under: college loans, delinquent borrowers, forbearance, John Remondi, NextStudent, private student loans, Sallie Mae, student loan borrowers, student loan delinquencies, student loans, The Chronicle of Higher Education

Sallie Mae Mistakenly Reports Up to 1 Million Borrowers Delinquent
14 May 08 05:42 PM | Student Loan Girl | 0 Comments   

As many as 1 million Sallie Mae customers may be experiencing problems with their credit scores after the student loan company erroneously reported some of its borrowers’ student loan accounts as delinquent. Sallie Mae’s customers on graduated or extended Read More...

Filed under: borrowers, college loans, credit score, credit scores, delinquent student loans, Equifax, extended repayment plan, graduated repayment plan, NextStudent, Sallie Mae, student loan borrowers, student loans