Student loan -- Dealing with your lender or servicer -- Complaint #5647860

Complaint Overview

Complaint ID: 5647860

Company: Tfc Credit Corporation Of California

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: 91101

Date Received: 2022-06-08T12:00:00-05:00

Date Sent to Company: 2022-06-08T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I refinanced a student loan and TFC Credit Corporation has been pain in full by XXXX since XX/XX/22. It is now XX/XX/22, and the company has refused to return the overpayment in the amount of {$4800.00}. I have spoken with 4 different customer service agents at TFC, and each time they have given me a different reason as to why my check has not been sent out. I was initially advised that after the payment posted to my account, any overpayment would be mailed to me directly within XXXX days. XXXX, the customer service supervisor I spoke with on XX/XX/22 advised that I needed to request the money be returned to me otherwise the company retains overpayments. He then went on to say that I would need to wait another week for the XX/XX/22 check run. Today on XX/XX/22 I was advised by XXXX XXXX, a Director at TFC, that I would need to wait until the XX/XX/22 check run, because checks are only sent out once a month. Every time I have called this company, they give me a new reason for retaining the money. I am aware that companies float money for interest and this is exactly what is happening to me and many others scammed by TFC.

Frequently Asked Questions

What is Complaint #5647860 about?

Complaint #5647860 was filed against Tfc Credit Corporation Of California regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2022-06-08T12:00:00-05:00.

How did Tfc Credit Corporation Of California 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 Tfc Credit Corporation Of California?

Yes, visit the Tfc Credit Corporation Of California company profile at readthecomplaint.com/company/tfc-credit-corporation-of-california 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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