Valued Contributor
jsucool76
Posts: 2,913
Registered: ‎12-11-2011
Federal Student Loan Question

Hey,

 

I requested a CLI on my smart connect account and was denied, so I got my free report for being denied a CLI. While I was looking at it, I noticed that on a few of my sallie mae federal loans, my "Balance" is higher than my "High Balance." For instance, if I have a $1000 loan, my "High Balance" is $1000, but my "Balance" is $1003. 

 

Does this have any negative effects? 

 

 

Thanks. 

Wallet: Capital One Quicksilver 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 3000CL, Walmart Discover: 3500CL, Barclay Arrival: 3500CL, Chase Slate: 1000CL, Discover IT: 2000CL, Citi Forward: 2600CL, Bank Of America Student Travel Rewards: 2700CL, Amex PRG, Citi DoubleCash: 1200CL