Does anyone know of a specific class action lawsuit against Sallie Mae?

Question

I think Sallie Mae is evil. I have $115,000 in student loans with Sallie Mae, but I feel that their accounting, collection, interest accruement and loan management system is wholly corrupt. This is in addition to corrupt loan dispersment and advisement which I experienced when I originally received these loans.. Does any one know of any specific class-action lawsuits that I could possibly join? Due to the fact that my loans are federally consolidated, I am currently wed to Sallie Mae and would very much like a divorce to repay these loans to a responsible lender/collector. I can list numerous, and I mean numerous, improprieties levied by Sallie Mae - many of which may fit the details of an existing class-action suit. My loans were originally dispersed in California.

Answer 1

Several Firms have announced potential lawsuits.

The biggest one is the Hoyer Firm in Florida so far.

Here's the link:

http://www.jameshoyer.com/problem_SallieMae.html

Answer 2

Last year I got a check as my share on a class action lawsuit.
The check was for $ 3.27. and it was against a major insurance co.,and the cause of the lawsuit was so long ago, I don't even remember when I had ins with that company.
So, if you're thinking class action, prepare to be very disappointed after waiting many years. .

Answer 3

If you signed the contract, you have to abide by it. If you think you have a case, you could sue them on your own or file a complaint with the FTC.

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Answer 4

What exactly did they do? I have Sallie-Mae and haven't had any problems.