Student loan -- Struggling to repay your loan -- Complaint #5295043

Complaint Overview

Complaint ID: 5295043

Company: Navient Solutions, LLC.

Product: Student loan

Sub-Product: Private student loan

Issue: Struggling to repay your loan

Sub-Issue: Can't get other flexible options for repaying your loan

State: Kentucky

ZIP Code: 425XX

Date Received: 2022-03-07T12:00:00-05:00

Date Sent to Company: 2022-03-24T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I took out a loan through XXXX XXXX for a Private Student Loan in 2007 for {$10000.00}. My loan is now at {$20000.00}. My current interest rate is 8.8 %. This loan was taken out through a XXXX College with very little retention rate. I was XXXX XXXX XXXX when this loan was taken out with the only income listed on the " income section '' of the loan application is my financial aid listed as " other income. '' My Mother co-signed my loan. She is now deceased. Things I have requested from Navient ( because it advertises these options on their webpage ) : Income-driven repayment plan XXXX XXXX I call every month and they tell me all they can do is reduce my payment from {$200.00} to {$150.00}. I'm going into debt making a {$200.00} payment a month.

Frequently Asked Questions

What is Complaint #5295043 about?

Complaint #5295043 was filed against Navient Solutions, LLC. regarding Student loan specifically about Struggling to repay your loan. It was received by the CFPB on 2022-03-07T12:00:00-05:00.

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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