Student loan -- Dealing with your lender or servicer -- Complaint #8115210

Complaint Overview

Complaint ID: 8115210

Company: Edfinancial Services

Product: Student loan

Sub-Product: Federal student loan servicing

Issue: Dealing with your lender or servicer

Sub-Issue: Problem with customer service

State: Illinois

ZIP Code: 604XX

Date Received: 2024-01-05T12:00:00-05:00

Date Sent to Company: 2024-01-05T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: No

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I was in school from XXXX to XXXX of XXXX at XXXX XXXX XXXX XXXX XXXX which is an accredited college. I am waiting for the XXXX semester to begin. EdFinancial is telling me that my loans are due NOW which is not true. With an in-school deferment, student loans are not due until a student graduates or attends school less that half-time and then the student has a 6 month grace period before the loans are due. So, technically, my student loans should not be due until XX/XX/XXXX. Every time I call I get a different story from EdFinancial. One representative stated she would send the correct information to her " back office '' so they would put my loans into in-school deferment. That did happen but the loans stated they were due on XX/XX/XXXX. While I am waiting for the XXXX semester to start, XXXX is telling me my loans are due now. No student has to pay student loans BETWEEN semesters! I want my student loans placed into in-school deferment with the 6-month grace period.

Frequently Asked Questions

What is Complaint #8115210 about?

Complaint #8115210 was filed against Edfinancial Services regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2024-01-05T12:00:00-05:00.

How did Edfinancial Services respond to this complaint?

The company responded with: "Closed with explanation". The response was not 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 Edfinancial Services?

Yes, visit the Edfinancial Services company profile at readthecomplaint.com/company/edfinancial-services 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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