Student loan -- Getting a loan -- Complaint #10826150

Complaint Overview

Complaint ID: 10826150

Company: SLM Corporation

Product: Student loan

Sub-Product: Private student loan

Issue: Getting a loan

Sub-Issue: Denied loan

State: Alabama

ZIP Code: 35405

Date Received: 2024-11-16T12:00:00-05:00

Date Sent to Company: 2024-11-16T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I had to leave the University XXXX XXXX because of stuff that I had going on at home back in Alabama and I got off track with school and football because I chose to be there for my family back home and that is where I am right now. I am in the process of transferring and I need to send my transcripts to XXXX XXXX University and I was told that college cant hold transcripts anymore even if you withdraw from the classes before the deadline and have a balance. I talked to people at the University XXXX XXXX about releasing my transcript and they have their own rules and telling me I have to pay my balance off and that is challenging for me because I dont have any support to get a loan or anything. I dont even have a car anymore and my family is in poverty. I am submitting this complaint to see if I can get some support to get a loan without a co-signer and paying it off when I graduate or have fight with XXXX and their rules and have them release my transcript now and I set up a payment plan with them later on. I am close to graduating and will be the first in my family to do so because I am a first generation college student.

Frequently Asked Questions

What is Complaint #10826150 about?

Complaint #10826150 was filed against SLM Corporation regarding Student loan specifically about Getting a loan. It was received by the CFPB on 2024-11-16T12:00:00-05:00.

How did SLM Corporation respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Student loan) and describe your issue in detail.

Can I see other complaints against SLM Corporation?

Yes, visit the SLM Corporation company profile at readthecomplaint.com/company/slm-corporation to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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