Navient Solutions – CFPB Complaint ID 2932873

Date Received: 2018-06-11T00:00:00

Product: Private student loan

Issue: Struggling to repay your loan

Consumer Consent Provided to Share Complaint: Consent provided

Consumer Complaint: I am currently paying almost {$800.00} a month for my loans and after asking around found out that is pretty high. Most people I know with loans aren’t paying more than {$300.00} a month. I had no problem paying that amount until I just got a new car with a {$300.00} dollar monthly payment that will make it impossible for me to afford all my expenses. When I called Navient to have it lowered they said my co-signer should help pay for it. I told them he won’t and shouldn’t and that I tried to get him removed but they gave me very vague reasons why he couldn’t be removed. One of the reasons after I asked for more details is because my income is not sufficient enough to afford the monthly payments. So I don’t know why they wouldn’t mean the payments should be lowered as then I could have the sufficient income. Online I was under the impression I had to fill out the co-signer form AFTER 12 consecutive months of paying and after giving it to them they said I was suppose to fill out the form, that was going to get rejected regardless, THEN wait 12 more months of consecutive payments. Which would not matter after 12 months because I did that already and they still said I have insufficient income. I need help getting this outrageous amount lowered or I will barely get by as my monthly income is good but with all my other expenses I have I will have nothing left over to start saving. Please help!!!!!!!

Company: Navient Solutions, LLC.

State/Zip: TX 760XX

Company Response to Complaint: Closed with explanation

Was Company Response Timely: Yes

Did Consumer Dispute Company Response: N/A

Complaint ID: 2932873

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