Posts: 10
Registered: ‎01-26-2012

Sallie Mae took over my federal loans....

Got a nice little notice in the mail that my current student loans would be taken over by Sallie Mae. That's fine and dandy but....


My credit score tanked! It closed all of the direct loans accounts and opened new ones under Sallie Mae. My AAOA dropped with all the new accounts. I'm so mad!

Credit score as of 1/26/2012: 694 (TransUnion)

Credit Builders: Secured Credit Cards with PNC and Capital One. Speedway/SuperAmerica.

Current goal: Small loan for school courses.
Posts: 21
Registered: ‎04-26-2012

Re: Sallie Mae took over my federal loans....

Yup, I've had this happen and it's very annoying; there's nothing that you can do about it.

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