Navient Solutions – CFPB Complaint ID 3066326

Date Received: 2018-11-05T00:00:00.000

Product: Federal student loan servicing

Issue: Struggling to repay your loan

Consumer Consent Provided to Share Complaint: Consent provided

Consumer Complaint: Navient has encouraged me quite often in the past to get ” Forbearance ” and then ” Consolidation ” when I had personal setbacks like divorce and paying for my children ‘s college loans and mine which I took to get relief. I inquired and completed forms for ” Public Loan Forgiveness ” and Teacher Forgiveness ” to no avail. I have spent countless hours on the telephone with Sallie Mae and Navient employees. I have now retired and inquired again about forgiveness programs after 50 years of working in XXXX, specifically with XXXX XXXX XXXX XXXX, XXXX XXXX children and adults and XXXX populations. I was told that I did not qualify for either program because I followed through with their advisement that I consolidate my loans with my children ‘s loans. I did not have a viable option at the time because my children ‘s colleges/universities did not allow students to apply for student loans. I have been put in a ” no-win ” situation by both Sallie Mae and Navient with their forbearance schemes and false encouragement to consolidate and their determining my payment options without my consent. ( I am asking for forgiveness of this extremely large debt, although I have maintained these payments by ” robbing Paul to pay Peter ” analogy. ) I have just received an increase notice which competes with my mortgage payments. In fifty years, my student loan debt has not shown any decrease due to their machinations, captialized interests, and poor advisement. Thank you.

Company: Navient Solutions, LLC.

State/Zip: CA 93720

Company Response to Complaint: Closed with explanation

Was Company Response Timely: Yes

Did Consumer Dispute Company Response: N/A

Complaint ID: 3066326

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