Sallie Mae, aka Evil Incarnate

So recently I got mail from Sallie Mae and of course I thought they were once again hounding me for payment of my student loans. But no, they wanted to sell me something. They expect me to give them more money for affordable life insurance, yet another company that has partnered with them- Garden State Life. I don't think so. I don't have stupid written across my forehead.

So here I am reading it and the letter says if the student loan holder passes away that their debts still have to be paid by their family. That may be true in some cases with some debts. As far as I know the only way to get out of student loans is by dieing. I know that when a person dies their student loans become null and void and Sallie Mae can no longer go after you. So I don't know what kind of BS they are trying to pull. It isn't working

The letter was signed by Jon Silverman the Vice President of Sallie Mae, another winner.

Andrew Cuomo sues Student Loan Company. . . . . . .

This article in the New York Times was brought to my attention and I thought others might find it of interest. Andrew Cuomo is suing Goal Financial over loan practices. Check it out.

New York Sues Student Loan Company
Click Here!