Wells Fargo Student Loan Complaint

Non-federal student loan Can't repay my loan can't get flexible payment options

Wells Fargo Student loan department,

Non-federal student loan Can't repay my loan Can't get flexible payment options Maryland

I attended - University. I after my financial aid, i took out private loans to cover the remaining balance. The current loan amount is no where near the amount had taken out originally. Coming out of high school, the ramification of private loan and interest rates was never explained to me. The lowest interest rate at the time offered was Wells Fargo, so chose Wells Fargo as my lender. I was never given an example at any time what my expected repayment amount would be. I took out - loans and all were treated separately. currently i am expected to repay $950.00 dollars a month. this is almost - percent of my monthly income. Wells Fargo acknowledged this is more than i can afford. Wells Fargo refused with work with me, even though i try my best to ensure my account is current. Their reason is, i have a co-signer. I explained that my co-signer helps with other aspects of my like financially to ensure i can stay current on my student loans. All i asked for was work with my on some type of repayment package, instead of paying - % of my monthly income to just wells fargo.

Wells Fargo customer in Maryland
Jan 27, 2016

* Source: CFPB Complaint Database

Wells Fargo response to complaint:
Closed with explanation

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http://www.wellsfargo.com/
(866) 249-3302
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420 Montgomery St Frnt
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Wells Fargo
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