Friday, July 31, 2009

In the daylight, I don't pick up my phone

The many phone bashers of Sallie Mae use the following numbers:
317-595-1440 (Fishers, Indiana)
213-700-6433 (Cell phone out of Los Angeles, CA!)
765-283-3176 (Muncie, Indiana)
765-283-3020 (Muncie, Indiana)

By law, Sallie Mae is required to call, I'll state that, and if they don't call, then they themselves will be fined by the government.
Therefore, these jackals are trained to tear people apart over the phone, even if you make your payments, they'll still call, even if you're without a job and tell them that, they'll call you a slacker for not paying, these guys are trained to be very abusive over the phone.
If you don't want to face constant verbal torture from these wolves, think twice before signing that Promissory Note!

Think three times before tricking a poor parent or loved one into co-signing a loan as well!

A trailer park past beats a Sallie Mae ridden future

There was a time in my life where I had been a poor teenager, living in a rundown trailer park. The mobile home I lived in was riddled with holes, the plumbing had backed up like clockwork and rats were making a nest in the walls. I used to be so ashamed, angry and embarrassed. I often thought no girlfriend would want to go there, I couldn't have friends drop by and see me. I used to lay on my couch and want so much to never go back.
Thanks for a combination of a bad economy, poor decision making and worse planning along with Sallie Mae...I wish I could wake up back in that trailer park and realize life could always be much worse than a trashy mobile home.

Sallie Mae Suicide

Student Loan debt can be a frozen the worst case scenario, you will find yourself on thin ice...and Sallie Mae will be waiting below. What's the worst that comes when everything breaks?
Sallie Mae can and will haunt you with bad credit. When stamped with bad credit, you can say goodbye to applying for a credit card and kiss the dreams of buying a new car or house away. Any further ideas of more eduction can be put to rest as well. Trying to support a wife or children will be an extreme challenge. Sallie Mae has the same authority as Child Support, with the ability to garnish wages and even take tax refunds. And if in default, their offices in Muncie, Indiana and Killens, Texas, will be dedicated to ruining your life.
Any other situation such as credit card loans, one could declare bankruptcy and eventually see light.
With Sallie Mae, there is no light. In the late 1990s, Congress made it so that bankruptcy does not protect people from student loans.

Now, am I saying Sallie Mae is an evil corporation? No. True, some of their tactics are questionable, such as giving finciancial aid offices kickbacks...and in return, those offices herd incoming students towards student loans.
No, on paper, Sallie Mae is a champion of education. You need money for school, they give you a loan, you repay it 6 months after graduation. Sounds great. On paper.
But in the worst case scenario? After the deferments run out...should anything happen, then interest rates will skyrocket and you'll be paying back a lot more money than what you originally borrowed.
And should the worst happen such as now, bad economy, no job, nothing to really hang onto, well Muncie and Killens will still call you and remind you of the Sallie Mae Suicide plan.

But enough of that. I'm not here to bitch and moan about the poor decisions I've made or the phone bashing.

I'm here for the younger generations. A new decade is upon us. It's time to break the cogs.
I don't want nor wish my Sallie Mae Suicide to be the legacy of the Class of 2010...or 2011...or even 2020. As I said, the cog needs to be broken.

This blog is for the high school kids, who are pondering college or just life after high school.
This blog is for the Twenty something who decided to work.
This blog is for the adult, unhappy with the road they've taken.
This blog is for anyone who does not want a Sallie Mae Suicide.

As I said, I wish I could wake up tomorrow back in that mobile home. But it just goes to show you, no matter how bad life is, it can be so much worse.