Great Lakes Student Loan Complaint

Non-federal student loan Can't repay my loan can't decrease my monthly payments

Great Lakes Student loan department,

Non-federal student loan Can't repay my loan Can't decrease my monthly payments California

After Graduating from - University on -/-/-, I received a phone call in early -/-/- from Great Lakes Financial urgently urging me to transfer all of my Federal Loans over to them. Not quite understanding the need, In trust I follower their recommendation. In the - years that I have been paying on these - loans, I have only paid $2000.00 in Principal. Starting balance was $53000.00 to date balance is $51000.00. My complaint is that I feel as though I was taken advantage of and see no end to the repayment of these loans. Below are current and previous loan information from my Great Lakes account web site. Please advise how I can improve my situation. Consolidation Loans - DEPARTMENT OF EDUCATION - - ) Payment Reference Number : - - - - DEPARTMENT OF EDUCATION - - ) Payment Reference Number : - Parent PLUS Loans - DEPARTMENT OF EDUCATION - - ) Payment Reference Number : - - - - DEPARTMENT OF EDUCATION - - ) Payment Reference Number : - - - - DEPARTMENT OF EDUCATION - - ) Payment Reference Number : -

Great Lakes customer in California
Jan 05, 2017

* Source: CFPB Complaint Database

Great Lakes response to complaint:
Closed with explanation

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints

{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}}

{{x.COMPLAINT_WHAT_HAPPENED | preview}}...

Read more