Vermont Student Assistance Corporation Trouble With How Payments Are Handled Complaints

Review and analysis of over 2 complaints against Vermont Student Assistance Corporation

Vermont Student Assistance Corporation consumers have reported over 2 official complaints related to Trouble with how payments are handled. Out of the 2 consumer complaints against Vermont Student Assistance Corporation, 50% were disputed by the consumer (i.e. the consumer was not happy with how Vermont Student Assistance Corporation responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Vermont Student Assistance Corporation resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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New Trouble With How Payments Are Handled Consumer Complaints


Vermont Student Assistance Corporation Student loan dealing with my lender or servicer trouble with how payments are handled

October 4, 2016 - My student loan was in default status. In - of 2016, I started the process of bringing the loan out of default, by submitting payments and filling out the default application by Vermont Student Loan Assistance. I began officially in the program in -. Every month the invoice came in and I paid it. In - I began getting phone calls and received one letter indicating that I had missed a payment. When I was able to get out of work early enough to return their phone call, I discovered they applied the payment I sent in for - in - because it was TOO early. Thereby making it look like I...

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Vermont Student Assistance Corporation Student loan dealing with my lender or servicer trouble with how payments are handled

December 22, 2015 - Private " - '' loans offered by VSAC requiring filling out a paper deferment eligibility form every 3 months which requires a phone call to VSAC to request and several weeks to wait for arrival. However, as I 've repeatedly notified VSAC, I am full-time student as the student national clearinghouse reports until - 2016 with $0.00 in annual income. Regardless, VSAC requires this form be completed every 3 months for this loan only, while other loans do not require this. This puts an undue burden on the borrower, and requires that I continually call into VSAC every 3 months to go through ...

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