Student loan -- Struggling to repay your loan -- Complaint #8189990

Complaint Overview

Complaint ID: 8189990

Company: Mohela

Product: Student loan

Sub-Product: Federal student loan servicing

Issue: Struggling to repay your loan

Sub-Issue: Problem with your payment plan

State: California

ZIP Code: 94114

Date Received: 2024-01-12T12:00:00-05:00

Date Sent to Company: 2024-01-12T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I filled out an application for the REPAYE program on XX/XX/2023. My application when into Administrative Forbearance. Then in XXXX my payments restarted at {$410.00} when my payment was only supposed to be {$100.00}. After calling I discovered that because I didn't pay {$5.00} I am now out {$300.00}. The form I filled out says " I request '' a reduced payment of {$5.00}. I never received a bill and have always been in autopay so I did not pay the {$5.00}. Subsequently my application did not go through and now I have to apply again. Mohela essentially stole {$300.00} from me.

Frequently Asked Questions

What is Complaint #8189990 about?

Complaint #8189990 was filed against Mohela regarding Student loan specifically about Struggling to repay your loan. It was received by the CFPB on 2024-01-12T12:00:00-05:00.

How did Mohela 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 Mohela?

Yes, visit the Mohela company profile at readthecomplaint.com/company/mohela 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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