Ad
related to: make a sallie mae payment plans phone number
Search results
Results From The WOW.Com Content Network
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
For premium support please call: 800-290-4726 more ways to reach us
The company announced in 2013 its plans to separate into two publicly traded companies [11] – an education loan management business to be launched with a new name – Navient – and a consumer banking business, which retained the name Sallie Mae. [12] The spin-off was completed on April 30, 2014.
To apply by phone, call 800-829-1040 or the phone number that appears on your bill or notice. ... Restructure or reinstate a payment plan — phone, mail or in-person setup fee: $89.
In 2014, the company underwent another big adjustment when Sallie Mae split to form Navient and Sallie Mae. Navient is a federal student loan servicer that manages existing student loan accounts.
The loan servicer calculates the monthly payment amount that will pay off the original loan amount plus all accrued interest after 120 equal payments. Payments cover interest and part of the principal. Some loan terms may be shorter than 10 years. The minimum monthly payment varies in amount, but is usually within the range of $50-100.
Sallie Mae also offers an array of CDs with competitive yields, including a 13-month promotional CD that delivers a 5.20% APY. Find out if Sallie Mae's CDs are worth it for you. Sallie Mae Bank CD ...
The biggest student loan lender, Sallie Mae, was formerly a government-sponsored entity, which became private between 1997-2004. A number of financial institutions offer private student loans, including banks like Wells Fargo, and specialized companies. There are also a number of state-affiliated, nonprofit student loan lenders, which account ...