Common questions

Is Sallie Mae open today?

Is Sallie Mae open today?

Our normal business hours are 8 a.m. to 8 p.m. ET Monday through Friday.

Is Sallie Mae hard to get approved for?

All products have the same basic Sallie Mae loan requirements: Minimum credit score: Sallie Mae doesn’t disclose a minimum credit score requirement. In 2020, 94% of applicants that were approved for a Sallie Mae student loan had a FICO Score of 670 or above at the time of their loan’s origination.

Is Sallie Mae good or bad?

Is Sallie Mae good for student loans? Sallie Mae is a four-star lender based on NerdWallet’s student loan rating system. Our ratings prioritize low interest rates and flexible repayment options that allow borrowers to repay loans faster and avoid default.

Will Sallie Mae approve me without a cosigner?

Sallie Mae will allow students to get a loan without a cosigner under special circumstances. They also have a program by which cosigners can be released after 12 consecutive payments.

Is Navient owned by Sallie Mae?

Navient is a U.S. corporation based in Wilmington, Delaware, whose operations include servicing and collecting student loans. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.

Who is the creditor for Sallie Mae student loans?

These loans are made by Sallie Mae Bank or a lender partner. Central Bank is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers. degree-granting schools. Smart Option Student Loan information is for undergraduates only.

What do I need to know about Sallie Mae?

Find out more about eligibility, where to get your information, and how to set your communication preferences so you’re notified when your information is ready. Read an open letter from our CEO Jon Witter outlining our multi-million dollar commitment to promote diversity in higher education and advance social justice.

Where is the payment address for Sallie Mae?

Borrower payment address Sallie Mae P.O. Box 8459 Philadelphia PA 19101-8459 Cosigner payment address Sallie Mae P.O. Box 8377 Philadelphia PA 19101-8377

What are the normal business hours for Sallie Mae?

Our normal business hours are 8 a.m. to 8 p.m. ET Monday through Friday. Interested in becoming a Sallie Mae School Customer? You can contact a School Assist representative to get started.