Member
Posts: 12
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!

Current credit cards:
PNC Secured, Capital One Secured, Target, Ashley Funiture/Synchrony, Sears MasterCard
Member
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.