Review and analysis of over 15 complaints against Great Lakes
Great Lakes consumers have reported over 15 official complaints related to Can't decrease my monthly payments. Out of the 15 consumer complaints against Great Lakes, 0% were disputed by the consumer (i.e. the consumer was not happy with how Great Lakes responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Great Lakes resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Great Lakes Student loan can't repay my loan can't decrease my monthly payments February 10, 2017 - I have called on behalf of my - - ( - ) and maintained contact with the servicer, Great Lakes, indicating I am still unemployed and can not pay the requested payment amount. I called recently because my payment went from an agreed upon $ -/month to $ -/month. I CAN BARELY AFFORD $75.00 ... much less the more than quadrupled amount due. When I called and asked for income based repayment, they said they could not offer me any reduced payment options " they 're hands are tied because it 's a not-federal loan ''. I said I could not possibly make the full payment but had already pa... |
Great Lakes Student loan can't repay my loan can't decrease my monthly payments January 5, 2017 - 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 fr... |