Sallie Mae vs Wells Fargo

Hello all,

I am looking into enrolling in September and started looking into financing. Like many, I do not have 80k to spend on training and will be financing the costs and just wanted to know for those who chose one over the other, why did you choose one loan company over the other? How do you like the student loan company? Would you do anything differently if you could?

Thank you in advance!


I have a loan with Sallie Mae. My only complaint is the interest rate. It’s about 9%. I would suggest submitting an application to both banks and see which one gives you the best offer.


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Bear in mind that the rate is 9% for an un-secured loan. This is pretty typical of such loans.

Did you choose a variable rate?

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Yes. I chose variable.