Wells Fargo & Company Complaint: Can't repay my loan

#1800709 23 Feb 2016

Student loan Non-federal student loan

Complaint #1800709 submitted on 02/23/2016 relating to Wells Fargo & Company. Complaint relates to Student loan Non-federal student loan - Can't repay my loan Can't decrease my monthly payments.

Complaint was submitted via Web and sent to the company on Tuesday 23rd February 2016.

Narrative (may be redacted).

WELLS FARGO : My husband and I just sent letters requesting reduced monthly payments based on our income, and provided financial documentation to prove that we are struggling to make the payments. This is the second attempt that we made to work with Wells Fargo to reduce our monthly payments. Both times, their response was that the combined income of our co-signers and our own income is too high to reduce our payments. My mother, one of our co-signers, has already been paying portions of our loans to Wells Fargo, and this is documented in our file. All of our co-signers are retired, and on fixed monthly incomes.

Company Wells Fargo & Company
Complaint ID 1800709
Date Received 02/23/2016
Product Student loan Non-federal student loan
Issue Can't repay my loan Can't decrease my monthly payments
State/ZIP Code WI 532XX
Consumer Consent Consent provided
Company Public Response Company chooses not to provide a public response
Company Response To Customer Closed with explanation
Submitted Web 02/23/2016
Result Timely Response: Yes, Consumer Disputed: Yes
 

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