Student loan -- Dealing with your lender or servicer -- Complaint #9283171

Complaint Overview

Complaint ID: 9283171

Company: Navient Solutions, LLC.

Product: Student loan

Sub-Product: Private student loan

Issue: Dealing with your lender or servicer

Sub-Issue: Trouble with how payments are being handled

State: Nevada

ZIP Code: 891XX

Date Received: 2024-06-17T12:00:00-05:00

Date Sent to Company: 2024-06-17T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I requested a discharge of private loans from Navient, which I was granted however, I only received a small refund amount of less than 1 % of the total amount paid toward these loan since they were disbursed. Additionally, only XXXX XXXX of my original loans were eligible due to being refinanced with their sister company, XXXX, in order to escape insanely high interest rates. The fraudulent practices of these predatory lending schools and companies began when I signed the loan documents in XXXX, not when this discharge was approved in XXXX. I believe I am entitled to full refund of all amounts paid toward the XXXX XXXX loans ( which only make up about XXXX XXXX of the total private loans received ). This is especially true given the fact that Navient added significant interest to these loans making them nearly twice as much as the origination amount. I am certain others in my position are receiving refunds of the amounts paid toward the loans. This is the only fair resolution to fully restore a lender who has experienced deception, fraud, and predatory business practices by the school and the lender.

Frequently Asked Questions

What is Complaint #9283171 about?

Complaint #9283171 was filed against Navient Solutions, LLC. regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2024-06-17T12:00:00-05:00.

How did Navient Solutions, LLC. 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 Navient Solutions, LLC.?

Yes, visit the Navient Solutions, LLC. company profile at readthecomplaint.com/company/navient-solutions-llc 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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