Will I have to pay her federal student loan off?
Today after getting home from some shopping I check the mail box and see a letter from the Sally Mae foundation. I haven’t ever applied for a Sally Mae loan so opened it immediately to see why they were sending me mail. Well long tale small a girl I was friends with – though not close apparently has died (surprise for me to find out!) and not only is she dead but apparently I am listed as a co-signer for her federal student loan and while this letter gives me their deepest sorries for ‘my loss’ they inform me that even in the event of a death I still may be responsible for part or all of her loan to be re-paid. I know I never signed anything. I haven’t even laid eyes on her in at least a year and spoke to her on the phone once last March. Will I really be responsible for this because she apparently jotted my name down on a line? This is upsetting.. I am sad to find out she’s died- though I have no clue how or what even happened- but not too pleased that while she was living she would write my name down as a co-signer for something as major as a federal student loan. I’m a single mom with no child support coming in and living off of food stamps for crying out loud. This is just one heck of a shocker for me!If you did not really co-sign then you cannot be held responsible for this forgery. When you sign for a loan you don’t just add a name–that person has to sign it, meaning that your signature must have been forged (along with possibly other personal in rank such as your SSN). You need to contact a lawyer immediately concerning this.
Federal loans do not require cosigners… ever. When a borrower dies, the loan does not have to be repaid. This is one of the perks of federal loans, if the borrower dies or becomes disabled the loan is discharged. Perhaps this is a private loan instead. You seriously need to contact Sallie Mae, and if applicable contact the police and start the paperwork to get this reported to the police. Here is the contact info for Sallie Mae. http://www.salliemae.com/
the only two ways to get rid of student loans are to pay them off or die since she is dead her student loans have been forgiving
Question about student loans?
I just heard back from the financial aid office of the university that I’m going to be attending. I got the full pell grant but I also got offers for the federal stafford subsidized and unsubsidized student loans. I’ve never had a student loan before and theres a list of lenders I can choose from. Do I need to go to one of the lenders and see if I get approved for the loans? or am I already approved and all I have to do is accept and pay them back in the future?It sounds like you are pre-approved. If that is the case, you should have received confirmation of some sort, setting out how much you are approved for. The loans are usually administered through a financial society, so you would take your paperwork to the lender of your choice (usually your own bank) and they will set you up.
Stop Student Loan Wage Garnishment How to end Student Loan Wage garnishment and everything you need to know about student loan garnishment. Get My Confessions of Rogue Student Loan Collector www.freestudentloanstuff.com Visit My Blog www.StudentLoanFundamentals.com Mr. Kay Production Manager Rogue Student Loan Collector Why should you listen to me? * I am a Production Manager for a top ranked federal student-loan collection agency who is contracted with Department of Education. Our firm’s job is to basically locate and recover billions of dollars in defaulted federal student loans. * My team has collected well over 7 Billion dollars from doctors, single mothers, college students, veterans, people of disability, unemployed and anyone who is behind on federal student loans. I have developed a powerful unique course that exposes every tactic that I have used to collect hundreds of millions from unaware student loan borrowers just like you. Why am I releasing this in rank? *I have seen what student loan troubles can do to a person. Family get torn apart, newly graduates cannot find a job or go back to school, kids are not able to go to school because of the parents defaulted student loan, and the list goes on…. I want you to learn how to “fight back” against those who are making your life hard — and holding you back. With the “Student Loan Blue Print” we guarantee your entire outlook on life will change forever. But, I don’t know how long we will be able to … Video Rating: 4 / 5
More List Of Federal Student Loans
Links
- When conservatives get free pell grants and free college for being in the Army?
- when does the HOPE scholarship expire?
- Do any of them make you laugh?
- I getting ready for college and need help writing a personal statement…..?
- Looking at other people’s facebook pages makes me depressed (What should I do?)?
{ 1 comment… read it below or add one }
This sounds like some kind of scam. Contact the fraud department in the real Sally Mae- I’m sure they have one- and report this.
You must log in to post a comment.