Consumer complaint received 2016-04-17
Company: IQOR US INC
State: CA
Product: Student loan
Sub-product: Federal student loan servicing
Issue: Can't repay my loan
Sub-issue: Can't get flexible payment options

Complaint:
I am still somewhat confused as to why I would have to pay so much considering I am currently a XXXX in " XXXX '' status ( XXXX ). I have not received any documentation stating whether or not I will be hired for the XX/XX/XXXX-XX/XX/XXXX school year. 

SO WHAT HAPPENS IF I AM WITHOUT A JOB? 

I have barely worked between XX/XX/XXXX and XX/XX/XXXX and I am currently homeless staying with a relative 's home. So I can be kicked out on the grounds of " at will '' laws at any moment. 

Are there any amnesty options/periods afforded to people such as myself that are in dire straits financially? 

I am also confused about why when interviewed I am asked about what I am supposed to make annually when I have not yet made this amount nor is my job promised for the following year. 
According to my XXXX for XX/XX/XXXX, I barely made XXXX. 

So should n't this paperwork be drawn up on the bases of my true financial reality, not the guidelines that are coerced upon me by Allied Interstate? 

I raise these issues because I have to finish courses in order to keep my employment with XXXX XXXX XXXX XXXX and this program places me in jeopardy because the money you are requesting impedes upon available funding to pay for the courses needed to retain the job and start paying you in the coming months. 

I am intent on loan rehabilitation but what is the point of starting this program if the money you take from me each month will destroy my efforts to secure my job for the long-term. This big picture detail needs to be factored into the loan rehabilitation process as usually people in my position will have student loan people and IRS coming for money if they have been unemployed for many years. 

What 's worse is that the interest in all of these organization continue to rise while the job opportunities among employers offering a salaries sufficient enough to meet such demands are sparse. 

So while I start my complaint with your organization, I will also like this to be shared with the proper people within the house and senate so that they get a more realistic idea of how bad the student loan crisis continues to be. It 's not like I am a criminal. The education and XXXX XXXX I hold is not living up to the steady and gainful employment pretext under which it was sold to me. So I also believe that the student loan crisis is part of a larger fraud against people like myself born into poverty. At this point I would rather give the XXXX XXXX back than to pay XXXX + while the job market shrinks after the big crash in XXXX. 

I would like : Allied Interstate to postpone this until I have an actual job Re-do my monthly loan amount based on what I actually earned in XXXX, about XXXX, not the projected cost of XXXX-XXXX. 
I would like payments to start after I pay for the schooling necessary to keep the job. If I ca n't keep the job because they are draining me financially, no one wins because I go back into default status and look for a job all over again. 

The reason I am certain of this is because this is what happened in XX/XX/XXXX-XX/XX/XXXX when I worked in another district and as a result I did n't get re-hired. So i am complaining so that hopefully you can rescue me from this loop of greed that the creditor keep inflicting upon me. 

Thank you. 
I have provided you with all of the documentation that I could find. If I need to order any other documents, let me know and I will do so. 

Thank you for your patience and understanding while I try and finish a busy year teaching while attempting to recover from default and transition into loan forgiveness, if at all possible. 

XXXX XXXX

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with non-monetary relief