Sallie Mae Student Loan Complaint

Non-federal student loan Dealing with my lender or servicer keep getting calls about my loan

Sallie Mae Student loan department,

Non-federal student loan Dealing with my lender or servicer Keep getting calls about my loan New Jersey

I am the co-signer on - student loans with Sallie Mae. The terms and conditions of the loans I have taken state that any payment received will be first applied to satisfy the minimum due amount for all loans, and any excess amount will be applied to the loan with the highest interest rate. I have sent a letter to Sallie Mae with the same instructions, and asked them to keep it on file. For the past - payment cycles since taking the - loan, Sallie Mae has not followed these terms. Instead, they apply full amount to - loan, and let the other loan go into arrears. In addition, they initiate an automated calling prompt to my home phone, my cell phone, and the student borrower 's cell phone, in escalating frequency. These have continued even after I have had numerous telephone calls and assurances that this issue is in the process of being resolved. I am left to assume that Sallie Mae is unable or unwilling to change their processes without intervention


I consider these unwarranted auto-dial calls harassment and ask : 1. for them to cease immediately, and 2. for the CFPB to instruct Sallie Mae to follow the terms and conditions of their promissory notes. I ask that the CFPB intervene specifically on my behalf, and if there is any class actions that can be taken, I want to consider being a part of those. For reference, today I have spoken with the following people at Sallie Mae who have been unable to resolve this issue : - in Tennessee ; - in -, DE ; - in -, DE ; and -, in -, DE. - 's employee number is -.

Sallie Mae customer in New Jersey
Nov 24, 2015

* Source: CFPB Complaint Database

Sallie Mae response to complaint:
In progress

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