Fed Financial - How long did it take before your Sallie Mae Signature Student Loan was approved??

How long did it take before your Sallie Mae Signature Student Loan was approved??

Sallie Mae Signature loans have an instant decision.if you applied on line, one of these should have come up 1. Approved- You were approved for the loan. At that time, the website should give you your interest rate Prime -.50 to Prime+6. 2. Eligible with co-signer- Sallie Mae MAY approve you with a credit worthy co-signer. 3. Not approved- You were not approved for the loan 4.Pending review- OK, this one is a little tricky. Any time this comes up, your best option is to call Signature right away. Pending credit review is usually due to address mismatch, social security mismatch, or name mismatch ( you put in Chris when your name is Christopher , etc). They may ask you to fax some thing like your social security card. It usually takes 24 to 48 hours to clear up the issue. If you don't have a decision after this,I would give Signature a call 1-(800) 695-3317.