Sallie Mae to Open a New Branch in Delaware
Sallie Mae is the latest student loan lender/collection agency to expand operations; MarketWatch.com reports that Sallie Mae has announced plans for a new credit center that will create about 1100 jobs. Premiere Credit, which specializes in collecting on delinquent loans, also recently announced plans to open a new location, expected to create 300 jobs.
It’s hard not to notice that while everyone else is struggling, collection agencies are suddenly expanding. Very disturbing trend.