Earnest Inc. Complaint: Getting a loan

#1704409 17 Dec 2015

Student loan Non-federal student loan

Complaint #1704409 submitted on 12/17/2015 relating to Earnest Inc.. Complaint relates to Student loan Non-federal student loan - Getting a loan Can't qualify for a loan.

Complaint was submitted via Web and sent to the company on Thursday 17th December 2015.

Narrative (may be redacted).

I applied to have my student loan refinanced with " Earnest '' and the company quoted me at a rate of ~5.2 %, but when the loan was approved the rate was increased to 6.86 % with not explanation even though I have an " Excellent '' credit score. And when I asked the representative to investigate why the rate changed she said she would check with the underwriting department and get back to me. That was two weeks ago and now she is ignoring me. This is a classic example of " bait & switch. ''

Company Earnest Inc.
Complaint ID 1704409
Date Received 12/17/2015
Product Student loan Non-federal student loan
Issue Getting a loan Can't qualify for a loan
State/ZIP Code NJ 070XX
Consumer Consent Consent provided
Company Public Response
Company Response To Customer Closed with explanation
Submitted Web 12/17/2015
Result Timely Response: No, Consumer Disputed: No
 

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