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Sallie Mae requires a 5 day notice to cancel

Michael Agruss

Written and Reviewed by Michael Agruss

  • Managing Partner and Personal Injury Lawyer at Mike Agruss Law.
  • Over 20 years of experience in Personal Injury.
  • Over 8000+ consumer rights cases settled.
  • Graduated from the University of Illinois Chicago School of Law: Juris Doctor, 2004.

Sallie Mae requires a 5 day notice to cancel an auto debit payment where as otther loan handling companies require a 24 hour notice. When asked why their policy was different Sallie Mae was unable to explain and simply stated “It’s our policy”.

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