Student loan -- Dealing with your lender or servicer -- Complaint #12662956

Complaint Overview

Complaint ID: 12662956

Company: Sofi Technologies, INC.

Product: Student loan

Sub-Product: Private student loan

Issue: Dealing with your lender or servicer

Sub-Issue: Trouble with how payments are being handled

State: New York

ZIP Code: 100XX

Date Received: 2025-03-24T12:00:00-05:00

Date Sent to Company: 2025-03-24T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I have a student loan with SoFi, which I refinanced with the same institution on XX/XX/year>2025. However, SoFi arbitrarily increased the loan amount by approximately {$1000.00}. I have attempted to resolve this issue multiple times and have spoke with more than 5 Sofi representatives, but no one has provided a solution. Additionally, in SoFis internal system, the original loan I refinanced still appears as outstanding ( duplicated loan ). Despite making timely payments on the new refinanced loan, I continue to receive emails and calls stating that I am delinquent on a loan that no longer exists. This error is causing unnecessary stress and potential harm to my credit. I request an immediate resolution to correct the loan balance and update my account to reflect the accurate status of my refinanced loan.

Frequently Asked Questions

What is Complaint #12662956 about?

Complaint #12662956 was filed against Sofi Technologies, INC. regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2025-03-24T12:00:00-05:00.

How did Sofi Technologies, INC. 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 Sofi Technologies, INC.?

Yes, visit the Sofi Technologies, INC. company profile at readthecomplaint.com/company/sofi-technologies-inc 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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