Student loan -- Dealing with your lender or servicer -- Complaint #4782205

Complaint Overview

Complaint ID: 4782205

Company: Navient Solutions, LLC.

Product: Student loan

Sub-Product: Private student loan

Issue: Dealing with your lender or servicer

Sub-Issue: Received bad information about your loan

State: California

ZIP Code: 90028

Date Received: 2021-10-05T12:00:00-05:00

Date Sent to Company: 2021-11-15T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

This loan was distributed in XXXX in the amount of $ XXXXthis a ten year loan with a .125 over prime variable rate, I started to pay this loan in XXXX while I was still in school. In XXXX Salie mae lowered the interest to 4 % because the payment was too high. As of today I have paid a total of {$33000.00} and Salie Mae currently have a principal balance of {$14000.00} which does not calculate. I should only had paid close to {$7000.00} in interest and {$20.00} XXXX in principal for a total of {$27000.00}. I want a refund of {$6000.00} from Salie Mae and the correction of the principal balance to XXXX

Frequently Asked Questions

What is Complaint #4782205 about?

Complaint #4782205 was filed against Navient Solutions, LLC. regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2021-10-05T12:00:00-05:00.

How did Navient Solutions, LLC. 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 Navient Solutions, LLC.?

Yes, visit the Navient Solutions, LLC. company profile at readthecomplaint.com/company/navient-solutions-llc 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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