Student loan -- Dealing with your lender or servicer -- Complaint #5711523

Complaint Overview

Complaint ID: 5711523

Company: SLM Corporation

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: Texas

ZIP Code: 754XX

Date Received: 2022-06-24T12:00:00-05:00

Date Sent to Company: 2022-06-24T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I called Sallie Mae to place my account in forbearance but the agent handling my case refused. He kept reinforcing that there isn't any options to postpone the payments. Meanwhile, the male agent begin to mock my tone of voice. Irritated, I asked to speak with his manager. After being transferred to his manager, she restated that I don't have any option of putting the account in forbearance, because of some plan they unknowingly reenrolled me in. Initially, I agreed to a repayment plan for 6 months. The 6 months were up but I continued to pay down on my loan. Due to financial hardship I am now unable to pay, so i called to get repaying postponed, but they denied any form of helping me.

Frequently Asked Questions

What is Complaint #5711523 about?

Complaint #5711523 was filed against SLM Corporation regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2022-06-24T12:00:00-05:00.

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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