Non-federal student loan Dealing with my lender or servicer received bad information about my loan
Navient Solutions, Inc. Student loan department,
Non-federal student loan Dealing with my lender or servicer Received bad information about my loan Illinois
I 'm - - -, and the principal on my student loan has doubled the amount I borrowed nearly 25 years ago ( $ - for both - and - ). I 've been paying monthly on-and-off ( between deferments ) for about 16 years, amounts between $ - $ -. I 'll restate : I 've been paying my student loan for 16 years, and none of my payments have gone to the principal of the loan, which, if applied correctly, would have been paid off by now. ( I 've calculated I 've paid nearly $ 40K over the span of 16 years ). I had federal loans originally. Then I consolidated with - -. - - gouged me with capital interest, then, when they were having legal troubles, cleverly split their company off to the company I now deal with : Navient.
loan. And I am in more debt than when I started college. I believe when - - approached me when I was - - -, I was the victim of predatory lending practices. All I wanted to do was go to school so I could better myself and get a good job. Now I 'm $100000.00 in debt. I ca n't even buy a home and it has affected my credit. I net $ - a year. I need to CFPB to help me finally resolve this issue - call it even. I 've paid them $40000.00 and there is no end in sight. At this rate, I 'll be - - - and still paying on my student loan!!!! There must be a point when loans are waived - beyond public forgiveness. Is n't there a - threshold? HELP. I 'm drowning in student loan debt.
Navient Solutions, Inc. customer in Illinois
Apr 06, 2016
* Source: CFPB Complaint Database
Navient Solutions, Inc. response to complaint:
Closed with explanation
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