Student loan -- Struggling to repay your loan -- Complaint #7630908
Complaint Overview
Complaint ID: 7630908
Company: SLM Corporation
Product: Student loan
Sub-Product: Private student loan
Issue: Struggling to repay your loan
Sub-Issue: Can't temporarily delay making payments
State: New Mexico
ZIP Code: 88203
Date Received: 2023-09-30T12:00:00-05:00
Date Sent to Company: 2023-09-30T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
It all started in late XXXX. I have been learning programming since then, on and off looking either for a job or to earn income through self employment. In the meantime, my payments have been delayed as I haven't been able to pay for them. So far, most of my creditors have accommodated me. The XXXX exception however is Sallie Mae. I have called them XXXX times, telling them multiple times I can not consistently repay, or make payments monthly. I asked for forbearance multiple times, and like I said earlier, almost all other creditors, private or public have understood. I am trying my hardest to make an income, especially soon but I have reached a breaking point. I have called roughly I believe in XXXX, XXXX, XXXX and XXXX. Right now, I am supposedly over XXXX or so due, but after today, XX/XX/30, I will owe the full amount. The only reason I delayed it for this long is because I made XXXX payments both from my stimulus and tax return, in XXXX and in XXXX. Well, I will be unable to pay for a while. Garnish my non-existent wages for all I care, the worst financial provider in the country! I WILL PAY WHEN I CAN YOU LEECHES!
Frequently Asked Questions
What is Complaint #7630908 about?
Complaint #7630908 was filed against SLM Corporation regarding Student loan specifically about Struggling to repay your loan. It was received by the CFPB on 2023-09-30T12:00:00-05:00.
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.