I called and spent much time on hold to get my $320 Navient payment straightened up. I called and explained that the $320 payment was meant to pay 𝐋𝐨𝐚𝐧 1-03 in full, not to be this month’s payment. First, the operator said I can let it go and “not have to pay anything for almost a year” because my IBR payment is $36 a month. I was like…… No.
That’s going to make my total balance go up exponentially. They really think you are stupid. (Actually, most of us do act stupid when we sign on for student loans).
I insisted that I wanted 𝐋𝐨𝐚𝐧 1-03 to be paid in full and off the record. She said she could definitely do that for me and that somehow it would wind me up with a credit of $8. I think she was wrong again. With them dispersing my $320 payment to all 6 loans on the account, the 1-03 balance came to $312. I either have an $8 credit, or I don’t. I asked her when my account would show that 1-03 is paid in full. She said on September 24th. Lol, ok. I don’t know why it takes so long to move numbers on the internet, but come 9/24, we’ll just have to see what it says when I log in.
Please don’t ever take out student loans, kids.