Review and analysis of over 217 complaints against JPMorgan Chase
JPMorgan Chase consumers have reported over 217 official complaints related to Can't repay my loan. Out of the 217 consumer complaints against JPMorgan Chase, 13% were disputed by the consumer (i.e. the consumer was not happy with how JPMorgan Chase responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against JPMorgan Chase resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 3% resulted in non-monetary compensation.
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JPMorgan Chase Student loan can't repay my loan can't decrease my monthly payments November 3, 2015 - I will continue filing complaints until Chase decides they are willing to help me and the - of other borrowers in financial distress and no way out. I have repeatedly asked chase for some type of modification to lower my loan payments - denied every single time by Chase. I desperately want to pay my loans, as well as my cosigner but we are in desperate need for some type of relief. -, when I spoke to them on the phone, informed me that I can only get a modification once every 12 months - this was not disclosed during the initial round of questioning when I first requested lower payments.... |
JPMorgan Chase Student loan can't repay my loan can't decrease my monthly payments October 21, 2015 - I went to - University for 4 years. My parents went through Chase to get my student loans. When I first signed my student loan paperwork the interest rate on it was low and they seemed to make it stated that I would have a low payment. After graduating college I received a bill stating I owed almost - and my payment would be $400.00 a month. This loan now 4 years later is an ARM with interest rates 12 %, 11 %, and 10 % interest rate ... NOT the -, -, and 6.25 % it started with or the payment of $400.00 it is now $700.00 a month. Mind you this is n't my only student loan becau... |
JPMorgan Chase Student loan can't repay my loan October 5, 2015 - - -, 2015 I was told i could get my loan deferred upon summitting my military orders. I received notification that my deferment request was received. Apparently during that time i was still being billed to the wrong address, so i never received anything notification regarding making payment. On - -, 2015 I was told they sent out multiple letters for additional information regarding my deferment but i was never called. Now my credit score has decreased significantly because it shows that I am now delinquent and past due on payments which should have been deferred. ... |
JPMorgan Chase Student loan can't repay my loan October 3, 2015 - School : - - - - -, -, NJ. I have multiple private student loans with JPMorgan Chase. Approximately a year before this incident, I received notification that servicing of these loans was being transitioned over to - - - ( - ). - of these loans came due in -. - sent a notification of the loan coming due via email on - -. I called on - - to ask about deferment/forbearance options. - sent me a form for forbearance that was the wrong form ( it did not apply to my situation in the slightest ). At this time, I became busy with many other things (... |
JPMorgan Chase Student loan can't repay my loan September 10, 2015 - I have - private student loans with chase - all from the same type of loan program. All of the loans have completely different interest rates and I feel that chase is choosing the loans with the highest balance and associating it with the highest interest rate. this is not a fair practice as I am actively and unsuccessfully able to make these loan payments. How can a - $ loan bear interest of 10 % while a lower amount loan bears interest of 5.9 %. This is completely and utterly ridiculous and making it impossible to get out from under this debt. I am again, desperately asking for some ty... |
JPMorgan Chase Student loan can't repay my loan July 17, 2015 - The terms of my Chase Private Student Loan were not explained thoroughly, and I was not informed there was a default repayment date set, even though I was enrolled in school. While trying to maintain monthly payments, my private student loan went into collections, and then without warning or notice went into default. I am a student at - - - in -, CA. ... |
JPMorgan Chase Student loan can't repay my loan July 10, 2015 - I had a few private loans with Chase for school, at the University -. It was at a time when I was between the ages of - and -, approximately. I am now -. Not only was I able to obtain these loans without a cosigner, but multiple loans. As a college student with no financial aid or help from family that was a huge deal. I always made payments and was never late. I did however lose my job and get married and leave the country. After being on a series of payments plans, I called the woman who I had been making payments through to let her know of my situation and as if there was a way ... |
JPMorgan Chase Student loan can't repay my loan June 4, 2015 - In 2005, I went to - - -. They directed me to Bank One JP Morgan Chase for private student loans. JP Morgan Chase approved, over the course of three years, - $30000.00 loans for a total of $90000.00 to a borrower with stated income of $24000.00 per year with a cosigner who also made $24000.00 per year. The monthly payments for these loans is $410.00 each, for a total of $1200.00 per month. My income, after taxes, was around - per month. The debt to income ratio would have been 77 % not including paying for a roof over my head and other necessities. In making a decisi... |
JPMorgan Chase Student loan can't repay my loan June 3, 2015 - I have a few loans with Chase bank. I have been unemployed for nearly - months, and have been actively trying to find a job. Chase bank handed over their loan servicing to - - - ( - ). Last week, I spoke with a representative of -, and found out the what needed to be paid on the Chase loans, and I asked them when I would go into default. The - representative was unable to tell me when I would go into default. This Monday, I contacted - with money which I was able to scrounge up, and was shocked to find out that my loan had already gone into default. I was n't notified i... |
JPMorgan Chase Student loan can't repay my loan June 3, 2015 - I have an unreasonably high payment and interest rate with Chase that - alone - is 20 % of my monthly income. If I were able to consolidate it with my federal loans, I would easily be able to make the payment every month. Instead, I am deferring my federal loans because they allow it, and paying my other private loans as I am able, but forced to pick and choose on a monthly basis which I am able to pay. I have looked into every possible consolidation option, but they all require a decent credit score. I have terrible credit as a result of student loans, exclusively. I have explored every possi... |
JPMorgan Chase Student loan can't repay my loan May 13, 2015 - I filed a complaint with the CFPB last year in regards to my chase private student loans and my inability to repay at the current monthly payment. Chase was willing to negotiate to a certain extent and granted me a temporary deferment period. My request to Chase was to lower my monthly payments which was disregarded and as a last resort I signed the deferment paperwork to get some relief. The paperwork that was sent to me was requested to be returned by Chase, even the paperwork with new loan terms which they would not allow me to keep. I sent all signature pages in but they would not grant th... |
JPMorgan Chase Student loan can't repay my loan April 21, 2015 - I was making payments on my private student loan with Chase which i was paying the monthly total every month and my income changed where i was not working anymore and i called them to see if they could lower my payments or help me with my financial hardship and they told me NO there 's nothing can do about. They also where being switched to - and i received a letter in - saying that my account was being switch to another lender on at the end of - and i was trying to make payments online but my account was nowhere to be found so I called and they told me that i neede to contact - an... |
JPMorgan Chase Student loan can't repay my loan April 17, 2015 - I took out some private student loans from Chase in - to help me get through while going to college -. I never received anything stating when my payments were supposed to start. In - -, I received a phone call stating that my student loans were behind. When I talked to them, I explained that we had never received anything in the mail about them even coming due. They told me that I had to pay the whole balance that was past due that day. I let them know that I did not have $1500.00 and asked if I could just move the months that I was late to the end of the loan and I would start p... |
JPMorgan Chase Student loan can't repay my loan March 30, 2015 - My son defaulted on his -. I am not exactly sure how many payments he missed. I called Chase, trying to make this right, however they are NOT willing to work with us. Our only options were to either give them $11000.00 as a lump sum before the end of - OR we can make payments for - months on the total owed which is approximately $18000.00. I spoke with - different - there. The - - I spoke to said we had to pay $400.00 a month ( which I thought was going to be until loan was paid off ) when I called back for more information, I was told we could only make payments for... |
JPMorgan Chase Student loan can't repay my loan March 29, 2015 - I ca n't pay for my private student loans. They have ballooned to more than double what I borrowed. I feel like I have a payday '' student loan. They want me to pay over $220000.00, who can afford to pay that? They were marketed to me as a way to pay for the things you want or need while in college. To buy books, a nice apartment or even a new car. I got emails frequently saying it 's time to sign up again for your Chase Education One loan. I thought the Chase loans were different than the - - loans because - - mentions additional fees in their advertisements were as Chase did n... |