Student loan -- Dealing with your lender or servicer -- Complaint #9456893

Complaint Overview

Complaint ID: 9456893

Company: Edfinancial Services

Product: Student loan

Sub-Product: Federal student loan servicing

Issue: Dealing with your lender or servicer

Sub-Issue: Trouble with how payments are being handled

State: Alabama

ZIP Code: 35749

Date Received: 2024-07-08T12:00:00-05:00

Date Sent to Company: 2024-07-08T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: No

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

On XX/XX/year>, I submitted what should have been my last payment to my student loans. I then checked my bank account on XX/XX/year> to ensure they pulled the payment and saw they also pulled the monthly autopayment as well. They could not cancel the autopayment because they said it was already processed even though on my bank it was still pending. Once I reached out to the loan servicer ( EdFinancial ) they said that they had to submit the refund to two different departments for approval before I would even see the refund. They shouldn't have even charged the autopay since it got paid off.

Frequently Asked Questions

What is Complaint #9456893 about?

Complaint #9456893 was filed against Edfinancial Services regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2024-07-08T12:00:00-05:00.

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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