Hoping someone can help me diagnose my steering wheel issue.

When I stepped into my X5 today (2003 Sport) my steering wheel was all the way down (which is very odd because I didn't leave it that way).

When I proceeded to adjust it back up it wouldn't move. All I can hear is the electrical "click" (so I know there's power getting to it).

What's odd is that it has no problem moving in and out. It only has a problem moving up and down.

I've read that the seat adjustment is tied to the steering wheel adjustment. Interestingly, my memory seat control stopped working prior to this steering wheel issue (the "M" light comes on when I try to set it but it doesn't memorize my settings any longer). It's important to note, though, that my seats adjust fine when I use the controls.

I've read that the issue could be anywhere from a loose wire (free fix) to the seat control module itself ($200 fix), but I'm having a hard time figuring out which of these are my issue based upon my symptoms.

Your thoughts / experience are greatly appreciated