Nellie Mae & Sallie Mae?
This is probably a really dumb question, but I’ve never used private loans before. What is the difference between Nellie Mae and Sallie Mae? I need to take out a large private loan for tuition and living expenses Thank you Answer: I don’t mean to discourage you but there is also Fannie … I don’t mean to discourage you but there is also Fannie Mae. They have to do with lending, but are not sisters. Answer: nellie nellie Answer: I am not sure on the names but most people get student loans … I am not sure on the names but most people get student loans from sallie mae. There are two sources for student loans — the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In mostyou can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.
