MOHELA


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"Products" offered by MOHELA with at least one, but usually more complaints:

Checking or savings account - Checking account
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Credit card debt
Debt collection - Federal student loan
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical debt
Debt collection - Mortgage debt
Debt collection - Non-federal student loan
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Private student loan debt
Debt or credit management - Student loan debt relief
Mortgage - Other type of mortgage
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Student loan - Federal student loan servicing
Student loan - Non-federal student loan
Student loan - Private student loan

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Complaint ID: 2950773

Date Received: 2018-07-02

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Difficulty submitting a dispute or getting information about a dispute over the phone

Consumer Complaint: I have contacted XXXX several times because i noticed they are reporting Mohela accounts on my report that does not belong to me, When i tried to call i'm either left on hold, transferred, redirected and had to repeatedly call back hopefully to reach someone. My call is continued left bouncing around for hours. Finally after many attempts, i was told that those 4 Mohela accounts can not be dispute and they were validated. i did not sign or agree to any contract with Mohela, I did not Provide Mohela with my social security number, i did not provide Mohela with my private home address, i did not provide Mohela with my ID or phone number. I never provided any wet ink signature to Mohela These are the amounts. MOHELA {$7700.00} MOHELA {$3800.00} MOHELA {$8100.00} MOHELA {$4900.00}

Company Response: Company believes it acted appropriately as authorized by contract or law

State: NC

Zip: 28110

Submitted Via: Web

Date Sent: 2018-07-02

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2950234

Date Received: 2018-06-29

Issue: Dealing with your lender or servicer

Subissue: Received bad information about your loan

Consumer Complaint: I had been paying on my student loan by automatic deduction beginning in XX/XX/XXXX. In XX/XX/XXXX I learned about public service loan forgiveness. I then transferred my loan to the Dept. of Education to be eligible for loan forgiveness in the future. When I spoke with a counselor over the phone explaining that I was making this transfer to be eligible for student loan forgiveness she suggested that I choose a repayment plan. I asked her which one was appropriate and she advised me which plan to choose. The repayment amount was less than what I had been paying. I chose this plan based on her advice and began making payments by automatic deduction. In XX/XX/XXXX I called Mohela, the loan servicer, to ask a question about loan forgiveness. That counselor advised me that my repayment plan was ineligible. She suggested a repayment plan that WAS eligible and I chose it and again began making automatic payments. The payment amount was consistent with what I had been paying originally. In XX/XX/XXXX I called Mohela with a question about the status of the public service loan forgiveness program and was informed by them that my repayment plan was ineligible. They suggested that I transfer my loan to the Federal Loan Servicing Program. Today, XX/XX/XXXX, I received an email from the Federal Loan Servicing Program informing me that my repayment plan was ineligible for public service loan forgiveness. They informed me today that I must choose a plan that is hundreds of dollars per month more than what I am already paying. After ten years of these payments, I will be eligible for loan forgiveness. In ten years I will be seventy-five years old. Had I not been misinformed by Mohela on two occasions since XX/XX/XXXX I would have been making eligible payments and be able to apply for loan forgiveness in XX/XX/XXXX. I hope there is a way you can help me rectify this.

Company Response: Company believes it acted appropriately as authorized by contract or law

State: CA

Zip: 92009

Submitted Via: Web

Date Sent: 2018-06-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2947846

Date Received: 2018-06-28

Issue: Dealing with your lender or servicer

Subissue: Received bad information about your loan

Consumer Complaint: Today on XX/XX/2018 Ive received a text saying my loan forgiveness is expired I was confused so I called the number in the text thinking its my loan lender. I was greeted and informed from a third party loan service debt reliving company that was supposely associated or named XXXX XXXX XXXX. They convinced me to sign ( e-sign ) documents stating they can relieve my debt for loans and forgive them after months of upcoming payments to them. I was spectical about the the information that was given after signing there documents and called fasfa and my loan lender Mohela. My loan lender then told me and a representative from fasfa that the company is stating false information and Im being taking advantage of, I was then suggested to change and update all my passwords for banking and fasfa due to me giving th em my personal information already. Im contacting you'll because I am being scammed by this company that have all my personal information such as banking, and social security and Im very frightened about identity theft happening to me and loss of unauthorized money in my name . May you please help. Thank You,

Company Response: Company believes it acted appropriately as authorized by contract or law

State: MD

Zip: 20707

Submitted Via: Web

Date Sent: 2018-06-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2946483

Date Received: 2018-06-26

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: I was originally offered a deferment forbearance to be effective XX/XX/XXXX through XX/XX/XXXX. I was initially advised that there wouldn't be any negative remarks on my credit report from this. After checking my report I noticed I have 7 late payments in a row on both my accts with MOHELA from XX/XX/XXXX through XX/XX/XXXX. I figured out that this was NOT an error on my behalf but this was indeed an error by MOHELA. The reason I know that this was not an error by me is because my other student loans processed and approved the forbearance deferments and my credit report reflects accordingly. In an attempt to solve the problem I wrote mohela a " goodwill '' letter which it was immediately denied. At which point I spoke with a supervisor and the supervisor looked into the situation and advised me that the matter would be addressed and corrected immediately and my credit report would remove those 7 payments on both of my mohela accounts. Well there has since been no changes to my report. I have al also sent mohela another letter, and I have yet to receive a response back from yet. I was misled twice now by mohela in regards to this minor issue that is very simple to rectify. This is the letter I wrote mohela. This correspondence is in response to the letter I received regarding my goodwill request to have late payments removed from my credit score report. In the letter I was told that such reports could not be removed due to regulations promulgated by the DOE and the FCRA. Contrary to these assertions, by failing to update previously reported information, MOHELA is in violation of Section 623 ( a ) ( 2 ) of the FCRA. I have attached an FTC advisory opinion which interprets Section 623 ( a ) ( 2 ) of the FCRA. The issue posed in the advisory opinion is how a lender is to handle a situation when subsequent information updates a report that was allegedly accurate when it was made but no longer is accurate in the present time ( i.e., the identical situation I am currently in ). The advisory opinion states that the Section 623 ( a ) ( 2 ) of the FCRA addresses the duty to correct and update information by furnishers, or persons who furnish information to consumer reporting agencies ( CRA ) such as credit bureaus. In particular, this section requires a person that has furnished to a consumer reporting agency information that the person determines is not complete or accurate to promptly notify the consumer reporting agency of that determination and provide any information needed to make it complete and accurate. Thus, on its face, this provision requires a furnisher to provide corrected or updated information to the consumer reporting agency that it had reported to originally. This duty extends to all student loan accounts reported to CRAs, regardless of whether they were accurate at one point, because the section requires the furnisher both to update accounts as well as to correct. MOHELA representatives told me that because the delinquent payments were accurately reported in XXXX through XXXX of XXXX that any subsequently initiated deferments would not allow for MOHELA to update reports to CRAs to show that the payments were not late and actually in deferment. However, Section 623 ( a ) ( 2 ) clearly shows that the reports must be updated/corrected regardless of whether they were accurate at one point. * All of my MOHELA accounts that were part of the late payments show deferment status. Therefore, my credit reports do not currently accurately reflect previous payment statuses with MOHELA, both as they actually existed and as MOHELA has recorded them. I am thus requesting that in compliance with Section 623 ( a ) ( 2 ) of the FCRA that the TWO accounts showing late payments from XX/XX/XXXX THROUGH XX/XX/XXXX be updated and/or corrected and removed. In the event that these reports are not immediately updated to accurately reflect my payment status, as I was in a forbearance deferment I intend on filing disputes with each credit bureau in addition to official complaints with the FTC, CFPB, BBB, and pursue other legal routes if necessary. Please respond within 15 days of the date of this letter with an update to this matter. Thank you That's the latest letter that I sent to MOHELA I even quoted statues that they are currently not obiding by for my situation. Also I was even advised by a supervisor at mohela that this would be corrected immediately. As of now my credit report still reflects the 7 late payments per account. I have 2 Mohela accts. Grand total of 14 late payments. This is a very easy resolution. And I would be even willing to settle for neutral remarks during that time frame, which would still eliminate the negative remarks. I hope and pray this matter gets resolved In a timely fashion. As I'm trying to raise a XXXX year old girl by myself which is the reason I initially had to get a forbearance because her mother passed away in a tragic accident just prior to my forbearance request. Thank you very much for hearing me and thank you for your time and helping me with this matter.

Company Response: Company believes complaint is the result of an isolated error

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-06-27

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2946143

Date Received: 2018-06-27

Issue: Struggling to repay your loan

Subissue: Problem lowering your monthly payments

Consumer Complaint: Im getting harassing phone calls about this.

Company Response: Company believes it acted appropriately as authorized by contract or law

State: RI

Zip: 02905

Submitted Via: Web

Date Sent: 2018-06-27

Company Response to Consumer: Closed with explanation

Timely Response: No

Consumer Disputed: N/A


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Complaint ID: 2944249

Date Received: 2018-06-23

Issue: Took or threatened to take negative or legal action

Subissue: Threatened or suggested your credit would be damaged

Consumer Complaint: XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, XXXX XX/XX/2018 Mohela XXXX XXXX XXXX XXXX, XXXX XXXX Re : Account number XXXX XXXX XXXX Dear Mohela, I am responding to your contact about a debt you are attempting to collect and to request you provide validation the debt is legitimate. You contacted me several times by phone, and dinged my credit 27 times even after I already told you its already paid ; to stop calling me, and only communicate by mail. Please stop all communication with me and with this address about this debt. Record that I dispute having any obligation for this debt. If you forward or return this debt to another company, please indicate to them that it is disputed. If you report it to a credit bureau ( or have already done so ), also report that the debt is disputed. If you have notified the credit reporting agencies of this debt you must notify them promptly that I have disputed the validity of this debt. I have previously notified you in writing within the 30-day period and requested you cease collection of the debt, or any disputed portion thereof, until you can verify the debt and provide me, by first class mail. However, you failed to identify chain of title simply sent a copy of a statement. I need the following materials in accordance with but not limited to : UCC 9-406 ( 810 ilcs 9-406 ), 735 ILCS 5/2-403,735 ILCS 5/2-606. All documents, including electronic records or images, which bear my signature and which concern the debt being collected ; A ledger, account card, account statement copy, or similar record, whether paper or electronic, which reflects the date and amount of payments, credits, balances, and charges concerning the debt, including but not limited to interest, fees, charges or expenses incidental to the principal obligation which the creditor is expressly authorized to collect by the agreement creating the debt or permitted to collect by law ; The name and address of the original creditor, if different from the collecting creditor ; and Copies of any assignments that explain how you acquired title to this debt. Information regarding any discharges/set offs. Information regarding : what numbers you used to call me at XXXX, frequency, and the call logs. Thank you for your cooperation. Sincerely, XXXX XXXX

Company Response: Company believes it acted appropriately as authorized by contract or law

State: IL

Zip: 60073

Submitted Via: Web

Date Sent: 2018-06-23

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2937573

Date Received: 2018-06-15

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: On XX/XX/XXXX I opened a dispute with XXXX over two payments with Mohela back in XX/XX/XXXX. The dispute was updated on XX/XX/XXXX and I had initially missed what they had reported because I looked at my open loans for results and they had updated one of the loans and it looked fine. On XX/XX/XXXX I applied for a mortgage, when my lender gave me my report I realized that Mohela had completely changed the information on my loan. My loan is active and in good standing but is showing as refinanced in XX/XX/XXXX with a delinquent payment history. My loan origination date has also been changed from XX/XX/XXXX to XX/XX/XXXX and the beginning balance is inaccurate. Later that day I called Mohela three separate times trying to straighten it out and they just keep telling me they never reported that information. I repeatedly told them that I was looking at a copy of my credit report from that day and the information had been reported by them and needed to be corrected because it is preventing me from buying a home, they claim it must be the credit bureaus fault.

Company Response: Company believes complaint is the result of an isolated error

State: MO

Zip: 645XX

Submitted Via: Web

Date Sent: 2018-06-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2935858

Date Received: 2018-06-15

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Their investigation did not fix an error on your report

Consumer Complaint: I have a loan with MOHELA/XXXX XXXX XXXX. I have always made my payments on time. For some reason I realized that there was a late payment on my credit report. As you can see, I have always had a stellar payment record with this company. I tried contacting both XXXX and MOHELA/XXXX XXXX XXXX with no successful resolution.XXXX only reporting me late. There was definitely an error on their part. I was never 30 days late XX/XX/XXXX-XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX-XX/XX/XXXX.

Company Response: Company believes it acted appropriately as authorized by contract or law

State: GA

Zip: 30214

Submitted Via: Web

Date Sent: 2018-06-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2935810

Date Received: 2018-06-14

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: I currently have 2 accts with mohela student loans that are currently in active and in good standing. On my credit reports it shows late remarks from XX/XX/XXXX through XX/XX/XXXX. I was in a forbearance at that time, due to a tragic accident that my wife was in and she passed away and she happens to be the mother of my XXXX year old daughter so I'm currently raising her all by myself and during that time period I was offered a forbearance on my loans and I was advised that it wouldn't have any negative effects on my credit report. Well now I notice the company was reporting late payments during those time periods which is hindering alot of financial things in my life. Its stopping me from getting a promotion at work which would substantially increase my salary by approximately {$1200.00} a month, my car insurance is higher than it could be, and I'm also in the middle of trying to close on a mortgage and it's not giving me the opportunity of a prime interest rate. So this is costing me about {$1700.00} dollars more per month, all while im trying to raise a XXXX year old all by myself in a good structured environment and living situation. Somebody please help me as this matter is time sensitive so that I can close on my mortgage prior to my XXXX year old starting XXXX in XXXX which she is very excited about. This would help substantially towards helping a XXXX year olds living situation alot better if this can be corrected quickly. Thank you and XXXX bless

Company Response: Company believes complaint is the result of an isolated error

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-06-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2931726

Date Received: 2018-06-10

Issue: Dealing with your lender or servicer

Subissue: Received bad information about your loan

Consumer Complaint: Mohela, stated that my direct loans had been transferred to them they are unable to produce a master promissory note and continue to up the balance. First it was XXXX in XX/XX/XXXX then XXXX in XX/XX/XXXX now XXXX.

Company Response: Company believes it acted appropriately as authorized by contract or law

State: NV

Zip: 89431

Submitted Via: Web

Date Sent: 2018-06-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.