Consolidating sallie mae signature student loans

If a loan doesn’t show up in the NSLDS database, nine times out of ten it will be a private loan.

Very rarely, federal loans may not show up in the database due to some kind of reporting error.

That can make it difficult to figure out whether they are federal or private, but by following the steps outlined above you should be able to tell which is which.

Determining whether a student loan is private or federal is the first step to finding out how it can be modified or resolved.

If you see a “charge off” for a student loan, that means that it’s private, because this is a mechanism that only occurs with private student loans.

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In full transparency, our company may receive compensation from partners listed on our website.To log into the NSLDS, you’ll also need to create an FSA ID if you don’t already have one.Luckily, you can set up your FSA ID on the NSLDS site as well.One of the most common issues I run into working with student loan borrowers is trying to find out if the loans are federally or privately backed.It can actually be pretty difficult to find out, since some companies like Navient/Sallie Mae service federal loans but also originate their own private loans.

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