An article in the Panama City News Herald writes :

The Lynn Haven office of Sallie Mae, which employees nearly 600 people, might close if private providers are excluded from giving federal student loans, Sallie Mae officials said Wednesday.

awesome article but the juicy bits are in the review by martha1313 that gives out the Sallie Mae corporate jet tail numbers N50FD and N188AK. Can’t confirm this but here are the pics 

http://www.airliners.net/photo/Israel-IAI-1125A-Astra/0523432/L/
http://www.airliners.net/photo/Israel-IAI-1124-Westwind/0841982/M/

even gives the location of the CEO’s home -  Google Maps at coordinates +38° 51′ 38.52″, -76° 40′ 4.47″

Can’t confirm the Jet or the Map data but DAMN!

-Ron

Ex-Dancer goes to school and winds up in Fatal Attraction with Sallie Mae.
Get The Hell Away From Sallie Mae

priceless, my pretty. You’re now on The Brass Pole!

“… given that the loans are interest-free for those living in New Zealand – some people have been repaying them as slowly as possible”, writes Mary Holm in an article titled “Bonus for repaying loan” 

And (obviously) since there’s no hurry to pay back these loans, grads appear to be more likely to stick the money in a savings account … which earns INTEREST!  

Since I live in the US, should i be fighting mad??

Jesus H.F!%* ing Christ. read now go.

Need to check my effing credit (again).

Default Trailer 3/18/09 from Default on Vimeo.

This site is where I’ll post things that you need to know in order to keep more money in your pocket so that you can stay out of the bread lines and ( if you’re a chick ) off the brass pole. These tips are not things that I’ve read in a book but rather are things that I’ve done personally. I’m posting them here because I wanted an excuse to put a hot chick on my website. So there! Okay, moving on ..

Please take some of this with grain of salt as I’m not a writer . But rather a cube jockey that discovered our leggy mascot and decided to vote her to the top of the site. Though it’d probably be a good idea to take a poll or vote to see how well she’s liked  but right now the only vote that counts is MINE .

Okay so here is rule number UNO when dealing with school loan creditors. Ready ?

RULE #1

NEVER EVER TALK TO THEM OVER THE PHONE.

Why ? For a few reasons 1)  they are rude  2) typically the caller or calltaker doesn’t know what was said in previous conversations so it’s like starting from the beginning with each call (FRUSTRATING) and 3) NOTHING they say on the phone will be useful if you have to take them to court. And yes you may have to. Don’t be frightened by this thought. Behind that quasi anonymous PO Box that they hide behind is nothing more than human beings with family, emotions and bills … just like you.

So how do I interact w/ school loan creditors if I’m not allowed to talk to them over the phone  ?

Easy. You whip out your text editor and fire off a letter to their office. Writing a letter to their office, while saving a copy for yourself is the best way to DOCUMENT your interaction with that creditor.  By doing so, the creditor will more than likely respond in writing. This is good because now you have a record of what you’ve sent and more importantly you’ve got a written record of their response. Their letters will be useful in the future if they ever contradict something that they said in a PREVIOUS letter. Remember , nothing said over the phone may be useful or provable by you in court. Also, note that I’m not a lawyer … and I can’t give you freaking legal advise … But common sense says that if you have to  deal with creditors in court , make sure you’ve got the documentation on your side to prove your point.

So, grab a folder , mark it with the name of the creditor and place ALL mail that you SEND and RECEIVE from said creditor inside folder.

Lastly, place it in a safe, ah, place.

-Ron