Non-federal student loan Can't repay my loan can't decrease my monthly payments
Wells Fargo & Company Student loan department,
Non-federal student loan Can't repay my loan Can't decrease my monthly payments Michigan
I graduated in 2013, am unemployed and not able to pay the $800.00 per month pay back on my loan. I am looking for employment and, the monthly payment is too large for me to be able to pay while covering my living expenses. I have repeadetly contacted Wells Fargo for assistance in lowering my monthly payment. I do not qualify for consolidation because of my credit score which was marred by Wells Fargo. In addition, even if they DO offer a consolidation loan, the interest rates are very high and it would not lower the monthly payments. It is impossible for me to pay $800.00 and I am hoping for assistance in renegotiating the loan with a reasonable monthly payment.
Wells Fargo & Company customer in Michigan
Sep 21, 2016
* Source: CFPB Complaint Database
Wells Fargo & Company response to complaint:
Closed with explanation
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