Hey guys, I don't know if this is normal or not but my school loans just got transferred over to another company. They went from Direct Loan Services to a place called My Great Lakes Loans. I've checked up on it and it's not a scam, but the reviews for Great Lakes are pretty horrible.
I just started paying off my loans in December of last year and I've managed to put a little extra towards them in the summer months. Then out of the blue I get an email saying my loan has been transferred over... why would that happen? Why does it only happen to a select few? My buddies have the same loans to pay off, but they haven't been switched over. It all feels like a pointless hassle to be honest, I was comfortable with my old loan peoples but this new place has gotten some bad word of mouth.
Is there anything I can do about this?
I just started paying off my loans in December of last year and I've managed to put a little extra towards them in the summer months. Then out of the blue I get an email saying my loan has been transferred over... why would that happen? Why does it only happen to a select few? My buddies have the same loans to pay off, but they haven't been switched over. It all feels like a pointless hassle to be honest, I was comfortable with my old loan peoples but this new place has gotten some bad word of mouth.
Is there anything I can do about this?