Review and analysis of over 3 complaints against MEFA
MEFA consumers have reported over 3 official complaints related to Trouble with how payments are handled. Out of the 3 consumer complaints against MEFA, 0% were disputed by the consumer (i.e. the consumer was not happy with how MEFA responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against MEFA resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintStop harassing phone calls, know your rights and what you can do to stop them
Stop Calls
MEFA Student loan dealing with my lender or servicer trouble with how payments are handled November 9, 2016 - I am a cosigner of - student loans for my son who just graduated from - University. I have been attempting to refinance the - student loans with MEFA to obtain a lower interest rate. It has come apparent that there are errors in the allocation by MEFA, or its service contractors, in the allocation of principal and interest from my loan payments.... |
MEFA Student loan dealing with my lender or servicer trouble with how payments are handled July 2, 2016 - ACS continually misapplies account payments, even after many notifications to such.... |
MEFA Student loan dealing with my lender or servicer trouble with how payments are handled April 25, 2016 - MEFA - harassment and threats. We get multiple mailings and calls harassing us that our loans are " in default, '' even though I have paid in advance and have automatic bill payments sent at the same time every month ( not auto withdrawal ). When we set up the loan ( s ), we were never told that every semester there is a whole new loan and account assigned to each student so I had NO IDEA that my monthly payments were going to a non-early repayment account vs. the monthly payment account. 1 year after trying to resolve this, it 's still an outstanding issue that MEFA/- says is putting AL... |