Genesis Lending Student Loan Complaint

Non-federal student loan Dealing with my lender or servicer received bad information about my loan

Genesis Lending Student loan department,

Non-federal student loan Dealing with my lender or servicer Received bad information about my loan Pennsylvania

I am seeking information about my Genesis loans through - in -, PA. I have heard about all of the loan forgiveness because of the - - settlement. I was one of the many students who were talked into the lending scheme brought on by these schools and Genesis lending company. I was charged horrible interest payments that I could n't afford, while still in school. As well as, pulled out of class because I could not afford payments. Horrible interest rates still haunt me, along with unreasonable monthly payments. I am already on deferment, on which they still require me to make minimum payments. I have a loan balance of $21000.00 and have no idea how I will be able to keep up with this. I feel as though I was a victim as well as other students who have already had their loans forgiven. The way the company went about handing these loans out to young students who know nothing about them, was wrong. My loan servicer - told me that Genesis has already handled the persons eligible for forgiveness and passed me along to their company. So my question is, why was I considered not eligible? I attended school in -/-/--/-/- and suffered just like everyone else who attended these scheming schools. Please help!

Genesis Lending customer in Pennsylvania
Dec 29, 2015

* Source: CFPB Complaint Database

Genesis Lending response to complaint:
Closed with explanation

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