great-lakes-student-loan bills

Great Lakes Student Loan Bill

What To Do When You Can’t Pay Your Great Lakes Student Loan Bill

Great Lakes Student Loan is a bank offering loans to pay for college. These bills are important, but are often times the last ones to be paid when times get tough. Don’t worry, though, because there are several things you can do to keep your account in good standing.

How To Pay The Bill

Great Lakes Student Loan allows you to make payments online using your bank account, by phone with your debit card, and by mail.

To make your Great Lakes student loan payment online visit: https://www.mygreatlakes.org/borrower/gl/login/staticContent.html. You can setup automatic monthly payments from your bank account, or choose to make a one-time payment with a bank draft.

To make your Great Lakes student loan payment by phone, call customer service at (800) 236-4300. Customer service is available from Monday – Thursday 7:00 a.m. to 8:45 p.m. Central time and Friday 7:00 a.m. to 5:45 p.m. Central time. Automated account information is available 24 hours a day, seven days a week.

To make your Great Lakes student loan payment by mail, send payment with the account number on the memo line to the following address:

GREAT LAKES
PO BOX 7860
Madison, WI 53707

Questions About Your Billing Statement or Account?

If you encounter fees associated with your Great Lakes Student Loan bill that are confusing such as private loan processing, default management and loan servicing, you should visit the Products and Services FAQ page. You may also want to contact customer service at 1-800-236-4300.

How The Penalty Fees Work

The penalties will vary based on your loan type, but you should expect to pay a late fee if your payment is made past the due date. You may also incur a fee if the bank declines your payment. If you place your loans in forbearance or deferment, you may incur more interest at the end of the loan term. For more information on the specifics of the fees in your case, please speak to a customer service representative about your account.

I Can’t Make A Payment

If you cannot make a Great Lakes student loan payment, login to your account to learn about how you can postpone your payments or change your payment plan to something more manageable. If you do not have an online account or would rather speak to a live person, you can call customer service and get the same information. Your options will vary based on your previous history and loan type, because student loans only have a certain amount of time over the term that they can be placed in forbearance.

Will They Work With Me To Pay My Bill?

Great Lake student loans will work with you on your payment, because there are several different repayment plans and options available to accommodate various income levels and payment amounts. If you are a current or previous Great Lakes student loans customer who has experience in handling the past due payments, please let us know how the company worked with you to help you.

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2 Comments on “Great Lakes Student Loan Bill
  1. Yes, my payment is not due untill the 15th of every month. I just called and did the automated payment over the phone and it said my payment would not be posted or taken out untill Jan.17th after 5-pm. This is going to make my payment late, but actually I’m not late. I am on central time and it was 11:35 am, today Jan. 15th, 2012 that I made my payment. Will the date and time that I called to make the payment be honored or what, because I can’t afford for these late payments to be on my credit or to pay a late fee. I already was 14 days late because the woman the I spoke to back in Sep. 2011 told me the wrong information about when my 1st payment was due as well as she had all of of my information completely wrong. She should have been fired and because of her Im already late. This needs to be rectified, the technology exist to have payments posted and extracted in real time, because when I pay my electric bill and other bills it goes through imediatelty. So why don’t yall have this to offer your customers? Yall need to get it together because yalls system and people are scewing me up and I can’t afford it and don’t appreciate it at all!

    • I haven’t made a payment on my loan,I thought it wasn’t do until my daughter finish college.At this present moment my daughter had to sit out a year for medical reasons,therefore her medical bills has me in a bind. she will be returning back to school in the fall for her final year,by then our finances will be back on track….desperately need help with this situation

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