Student loan -- Struggling to repay your loan -- Complaint #8386704

Complaint Overview

Complaint ID: 8386704

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: Colorado

ZIP Code: 81301

Date Received: 2024-02-20T12:00:00-05:00

Date Sent to Company: 2024-02-20T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I have recently tried to pay my student load to Mohela several times. Once over the phone and twice on their website. Each time I try I get an email stating that my financial institution has rejected my payment. I have contacted XXXX XXXX each time and they have told me that Mohela has not tried to pull the funds. I have had sufficient funds in my account each time. The dates and amounts are listed below. XX/XX/XXXX : {$300.00} XX/XX/XXXX : {$410.00} XX/XX/XXXX : {$410.00}

Frequently Asked Questions

What is Complaint #8386704 about?

Complaint #8386704 was filed against Mohela regarding Student loan specifically about Struggling to repay your loan. It was received by the CFPB on 2024-02-20T12:00:00-05:00.

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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