Student loan -- Dealing with your lender or servicer -- Complaint #9777139

Complaint Overview

Complaint ID: 9777139

Company: Edfinancial Services

Product: Student loan

Sub-Product: Federal student loan servicing

Issue: Dealing with your lender or servicer

Sub-Issue: Received bad information about your loan

State: Kentucky

ZIP Code: 403XX

Date Received: 2024-08-11T12:00:00-05:00

Date Sent to Company: 2024-08-11T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I took a student loan from Edfinancial Student Loan Services. I took the loan out XX/XX/XXXX. It was {$1700.00}. I then paid for this loan on XX/XX/XXXX. I closed the bank account that I paid for loan with a few months later. Edfinancial did not start calling or emailing me that they " did not receive my payment '' until late XXXX. I was told during one phone call that the money was returned to me, even though I never received the money back into my account. They then told me XX/XX/XXXX that they did not receive the money due to " insufficient funds. '' This is untrue because I had sufficient funds in the bank account from the time of payment.

Frequently Asked Questions

What is Complaint #9777139 about?

Complaint #9777139 was filed against Edfinancial Services regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2024-08-11T12:00:00-05:00.

How did Edfinancial Services 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 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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