Student loan -- Dealing with your lender or servicer -- Complaint #5853492

Complaint Overview

Complaint ID: 5853492

Company: Ascendium Education Group

Product: Student loan

Sub-Product: Federal student loan servicing

Issue: Dealing with your lender or servicer

Sub-Issue: Trouble with how payments are being handled

State: Florida

ZIP Code: 33543

Date Received: 2022-08-07T12:00:00-05:00

Date Sent to Company: 2022-08-07T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

Unsubsidized FFEL Consolidation Loans I have been paying income-driven payments by an automatic deduction for years. At some point, the XXXX decided to change the way they do things unbeknownst to me and stopped my auto payment, thus defaulting me. When I figured I had to be close to payoff, I inquired so I could pay off any remaining balance cash I learned about the change and that there are no added fees. I never wanted to stop any payments, even when I was in school again or when the covid pandemic allowed for the temporary halt of payments. I should have been fully paid off by now.

Frequently Asked Questions

What is Complaint #5853492 about?

Complaint #5853492 was filed against Ascendium Education Group regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2022-08-07T12:00:00-05:00.

How did Ascendium Education Group 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 Ascendium Education Group?

Yes, visit the Ascendium Education Group company profile at readthecomplaint.com/company/ascendium-education-group 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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