Woke up this morning to negative $3,000 because Sallie Mae just literally withdrew from my account without permission or anything and I’m still in school? Now I’m negative 3,000 in the hole Bank of America basically said tough luck now what?
Are they allowed to do that?
Sallie Mae just withdrew money?
byu/PsychologicalYou9436 inStudentLoans
Posted by PsychologicalYou9436
2 Comments
What’s your agreement. Did Sallie mae cs tell you why?
Do you have a loan with Sallie Mae?
Private lenders are technically not required to afford you in-school deferment, and while you can explicitly arrange that with them, they won’t do it by default if you didn’t update them that you’re still in school.