MOHELA Student Loan Complaint

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

MOHELA Student loan department,

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

My - loans are serviced by Mohela. When Mohela became the new servicing company in - - I immediately called customer service and asked what actions I needed to take to ensure that I could make payments toward the principal of the loans. They told me to write a letter and request that, " Pay Ahead Status '' be removed from my account. On - -, - I sent them a letter, and on - - Mohela acknowledged receipt of the letter. On - -, - I noticed that payments I intended to go towards principal were going towards interest. I called and the customer service representative told me that the cancellation of 'pay ahead status ' had only applied to one month. He informed me that I needed to write a new letter and request that pay ahead status be, " permanently '' cancelled. When I called in -, the customer service representative said nothing about about needing to use the word, 'permanently ''. I have loans from my - degree at - College in -, Massachusetts, and from my - - at University of Massachusetts in -, Massachusetts.

MOHELA customer in Massachusetts
Feb 02, 2016

* Source: CFPB Complaint Database

MOHELA response to complaint:
Closed with explanation

Created with Highcharts 4.2.3MOHELAComplaint HistoryComplaints1/20144/20145/20148/201410/20141/20152/20153/20155/20156/20157/20159/201510/201512/20152/20164/20165/20168/20169/201610/201611/201612/20161/20172/20173/20174/201702.557.51012.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3MOHELADealing with my lender or servicer97.2%2.8%Closed with explanationClosed with monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageDealing with my lender or servicer0.7%81.6%6.3%9.6%1.9%0.1%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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