My bill is due the 9th of every month. In the years I’ve been repaying the loan I’ve never been late. If I pay it 4 days late will I get a fee or will it be reported to my credit?
If I pay my Sallie Mae bill 4 days late will it hit my credit?
byu/Weak_Telephone8804 inStudentLoans
Posted by Weak_Telephone8804
4 Comments
Not sure about fees but it takes 2-3 months of ignoring a payment for it to be reported to credit bureaus
You shouldn’t be reported to credit unless it’s more than 30 days past due. Sallie Mae could assess a late fee tho.
No. Not for 30 days at least. I know federal loans 90, but I know private are at least 30 days
No.
Sign up for automatic debit.