Sallie Mae Pending Payments?

Q: I have a student loan payment pending with sallie mae and I want to cancel it with my bank (Comerica). I cannot get ahold of the bank because it is the weekend, Is there anyway I can stop this payment from happening? Please help


A: Was the payment set up through the student loan or your bank? If it's through the bank, you may be able to use online banking to stop the payment. If it's through the student loan, you'd have to cancel the payment through them.

If at

the student loan collector lying. Now - he has stopped his pending garnishment and now has a payment he can afford. Last thing I need is the ...

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"I Cannot Eat Your Prayers": How Student Debt Changed One Woman's Mind on ...

Detailing her pending student loan default. This issue is so cloaked in shame and humiliation that many of us stay silent. Check out Natalia’s post-article blog post  if you don’t think stigma and shame are deeply intertwined with defaulting on debt out of necessity: she has been contacted by people who say they hope her lenders drive her to suicide.

This attitude is deeply engrained in many of us. Financial struggle is associated with sloth in this country. (Thank you, Newt Gingrich, for reminding me  of that  so frequently  these days.) I have a very low credit score, and this means I have had trouble finding stable employment. So I go from temporary job to temporary job and write as many freelance articles as I can convince anyone to pay me for.

My daily schedule right now is as follows:

Monday through Friday, 7:30 a.m. to 2:30 p.m.: Edit scientific research for consulting gig. Monday through Friday, 2:30 to 3 p.m.: Eat lunch while driving home. 3 p.m. to midnight: Write freelance articles. Saturday and Sunday: Churn out articles. No breaks. No friends, from the time I wake up until the time I fall asleep.

How can I cancel a pending student loan payment with Sallie Mae? I ...

Posted 4 days ago

Was the payment set up through the student loan or your bank? If it’s through the bank, you may be able to use online banking to stop the payment. If it’s through the student loan, you’d have to cancel the payment through them.

If at all possible, don’t fall behind on your student loan payments. Being late could mean a late fee, some other penalty or possibly even a higher interest rate. Student loans stay with you until they are paid off; they can’t be discharged in bankruptcy. If you’re having trouble making payments, see if the student loan offers an extended payment plan or a forbearance (no payments for a while). Either of these solutions will cost you more over the life of the loan, but it may be necessary in the short term. I encourage you to check out DaveRamsey.com and Mint.com for free advice and tools to help budget.