Date Received: 2023-11-29
Issue: Incorrect information on your report
Subissue: Account information incorrect
Consumer Complaint: This debt engaged in abusive, deceptive and unfair practices of the FDCPA which prohibits. They furnished this account that we didnt agree upon and I didnt sign an agreement on. A legal contract is signed by two parties and I did not participate in any of it. More so they didnt follow the proper 5 step validation procedure which make this unfair practices. According to the FDCPA Im entitled to XXXX dollars per violation and clearly they violated my rights.
Company Response:
State: TX
Zip: 78613
Submitted Via: Web
Date Sent: 2023-11-29
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-11-29
Issue: Incorrect information on your report
Subissue: Account information incorrect
Consumer Complaint: This debt engaged in abusive, deceptive and unfair practices of the FDCPA which prohibits. They furnished this account that we didnt agree upon and I didnt sign an agreement on. A legal contract is signed by two parties and I did not participate in any of it. More so they didnt follow the proper 5 step validation procedure which make this unfair practices. According to the FDCPA Im entitled to XXXX dollars per violation and clearly they violated my rights.
Company Response:
State: TX
Zip: 78613
Submitted Via: Web
Date Sent: 2023-11-29
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-11-21
Issue: Credit monitoring or identity theft protection services
Subissue: Problem canceling credit monitoring or identify theft protection service
Consumer Complaint: I am not able to contact this institution. " Cornerstone was originally contracted to service federal loans through XXXX, but it ended its contract in XX/XX/XXXX due to financial loss. Its website no longer exist, and all loans were transferred to FedLoan Servicing. '' - XXXX 15 U.S. Code 6802 - Obligations with respect to disclosures of personal information 15 U.S. Code 6801 - Protection of nonpublic personal information ( a ) Notice requirements Except as otherwise provided in this subchapter, a financial institution may not, directly or through any affiliate, disclose to a nonaffiliated third party any nonpublic personal information, unless such financial institution provides or has provided to the consumer a notice that complies with section 6803 of this title. ( b ) Opt out ( 1 ) In general A financial institution may not disclose nonpublic personal information to a nonaffiliated third party unless ( A ) such financial institution clearly and conspicuously discloses to the consumer, in writing or in electronic form or other form permitted by the regulations prescribed under section 6804 of this title, that such information may be disclosed to such third party ; ( B ) the consumer is given the opportunity, before the time that such information is initially disclosed, to direct that such information not be disclosed to such third party ; and ( C ) the consumer is given an explanation of how the consumer can exercise that nondisclosure option. I am chosing to OPT OUT. But i am unable to contact this Loan Servicers 15 U.S. Code 6801 - Protection of nonpublic personal information ( a ) Privacy obligation policy It is the policy of the Congress that each financial institution has an affirmative and continuing obligation to respect the privacy of its customers and to protect the security and confidentiality of those customers nonpublic personal information. ( b ) Financial institutions safeguards In furtherance of the policy in subsection ( a ), each agency or authority described in section 6805 ( a ) of this title, other than the Bureau of Consumer Financial Protection, shall establish appropriate standards for the financial institutions subject to their jurisdiction relating to administrative, technical, and physical safeguards ( 1 ) to insure the security and confidentiality of customer records and information ; ( 2 ) to protect against any anticipated threats or hazards to the security or integrity of such records ; and ( 3 ) to protect against unauthorized access to or use of such records or information which could result in substantial harm or inconvenience to any customer.
Company Response:
State: WI
Zip: 532XX
Submitted Via: Web
Date Sent: 2023-11-21
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-11-14
Issue: Dealing with your lender or servicer
Subissue: Problem with customer service
Consumer Complaint: There's been multiple issues regarding my student loans. Overall student loan debt and amount stated to be owed to AES is incorrect. After numerous requests were made and documentation was repeatedly submitted to AES. It is an issue I have been trying to resolve with AES since 2007. After finding out AES obtained my student loans, and they were assigned to them as my servicer ; AES was repeatedly informed numerous times there were serious issues prior to student loans being transferred to them via XXXX. AES was informed while I was discussing all of these issues with Xpress, I found XXXX immediately and abruptly transferred student loans to AES. I did not know who the servicer was? XXXX explained wait for the servicer to reach out to me and give transfer of loans time to process. There was nothing they could do because the loans were transferred from XXXX to AES already. The same and following information was then provided to AES when I found out my loans were transferred to them. Student Loans that were transferred to them were previously cancelled and funds were returned back to XXXX XXXX. Funds that were returned and deposited to XXXX XXXX XXXX checking accounts also belonged to XXXX XXXX. I also submitted actual loan applications that were altered with amounts that were changed with consolidation. Both XXXX XXXX and US Dept. of Education confirmed accuracies of student loans amount in detailed letter upon my further request for investigation. This documentation is attached. This verification was also provided to both AES and PHEAA guarantor countless times. Request for promissory notes that returned they were lost also attached. Both AES and PHEAA ignored all of my complaints, concerns, this documentation and repeated calls, faxes and documentation even mailed, documentation was also sent I uploaded to AES via email to them through my AES online account regarding problems with initial consolidation, cancelled loans and funds returned back to XXXX XXXX. All the issues surrounding my student loans were repeatedly explained over and over again since XXXX. Still no response, follow up nor communication regarding factual information that was sent to both AES and PHEAA. How is AES allowed to uphold inaccurate amounts, ignore official documentation repeatedly submitted to them proving inaccuracies, uphold fraudulent amounts on altered documentation.
Company Response:
State: MD
Zip: 21206
Submitted Via: Web
Date Sent: 2023-11-14
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-11-07
Issue: Improper use of your report
Subissue: Reporting company used your report improperly
Consumer Complaint: I request that the Federal Student Loans program consider the removal of all loans associated with XXXX XXXX. This institution, which recently lost its accreditation, deceptively claimed to be accredited. It is imperative to acknowledge that this school 's deceptive practices should not burden students with loan obligations. I kindly urge you to remove all loans incurred from XXXX to XXXX.
Company Response:
State: PA
Zip: 19114
Submitted Via: Web
Date Sent: 2023-11-07
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-11-05
Issue: Dealing with your lender or servicer
Subissue: Received bad information about your loan
Consumer Complaint: In XXXX, my loan was in forbearance. When filing my XXXX taxes, IRS took them for loan repayment. When contacted they said I had missed payments. They sold my loan to someone else. Contacted the new company and was out on an idr plan, I had an income of XXXX and still managed to pay the idr they wanted. COVID hit, told to stop paying. Claimed no payments made. Interest went through the roof. Credit score tanked, wrong payments were documented, wrong loan amounts, wrong missed payments, tried to rectify only to have the 1st company remain claiming 365 missed payments on credit report, 2nd company sold loan to my new company and took the good payment history with them, making my already low credit score tank again by XXXX pts along with the only length of time in credit I had due to this mess. I can't get loans, can't rent an apartment, can't get a car, have been turned down for employment and various other disturbing life needed situations. XXXX forbearance just disappeared tuned into late payments. Loans were sold to the 2nd company XXXX 2nd loan company never used the idr money sent towards any of the loans Wrongfully reported missed payments to credit bureau during COVID , accrued approx {$10000.00} in interest during COVID, did not report any payments made throughout XXXX. Sold loan to 3rd company after loan had been in good standing for 7 months. XXXX loan taken over by new company. Forbearance letter has been received. Fought with the credit bureau for years about this, sent letters to credit bureau and loan providers with no major change in reporting.
Company Response:
State: MA
Zip: 01013
Submitted Via: Web
Date Sent: 2023-11-05
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-11-03
Issue: Dealing with your lender or servicer
Subissue: Need information about your loan balance or loan terms
Consumer Complaint: Trying to figure out if I should or should not consolidation my loans once and extending my loan term another 25 years to XXXX I have received little to no information on what that number count adjustment AES my current loan servicer shows 44 which represents years XXXX but they have been servicing my loans since XXXX They are refusing to adjust and account for years XXXX and telling me that the Department of Education Federal Student Aid is where I can get that information despite the fact they are responsible for updating and sending that type of information to you. I have canceled student loan checks from XXXX which I don't see credit for despite having sent that information into AES and DOE I can not make an informed decision if I don't have all the facts ( payment credit adjusted number ) Also 1 ) Why was I steered into forbearance 2 ) Missing credit adjustment for prior payments 3 ) Why AES is listed as a creditor on a loan disbursement disclosure
Company Response:
State: IL
Zip: 60616
Submitted Via: Web
Date Sent: 2023-11-08
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-11-01
Issue: Dealing with your lender or servicer
Subissue: Trouble with how payments are being handled
Consumer Complaint: I have been paying American Education Services for over 20 years on a {$24000.00} original loan amount. I have paid combined principle. And interest a total of {$48000.00} The servicer says I still owe {$12000.00} doesn't this violate usury laws? My loan number is XXXX. I'm XXXX XXXX XXXX and can't take the financial stress this is causing me. Thank you for your help, XXXX XXXX
Company Response:
State: NJ
Zip: 085XX
Submitted Via: Web
Date Sent: 2023-11-01
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-10-27
Issue: Struggling to repay your loan
Subissue: Problem with forgiveness, cancellation, or discharge
Consumer Complaint: I am a borrower impacted by the Joint Consolidation Loan Separation Act. I have completed a XXXX reconsideration request ( including my employer certification ) and have been assigned a case number. As I believe I will now qualify for XXXX, I sought forbearance with my loan servicer, AES. This was granted through XX/XX/2024 ; however, interest continues to accrue monthly. When I asked for interest-free, I was denied. This is presenting undue hardship and financial risk to my family.
Company Response:
State: PA
Zip: 19014
Submitted Via: Web
Date Sent: 2023-10-27
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2023-10-25
Issue: Dealing with your lender or servicer
Subissue: Need information about your loan balance or loan terms
Consumer Complaint: I called into the agency and received incorrect information in regards to the dates the payments were received. In addition, the agency also reported and verified incorrect information was factual. They reported a payment was made XX/XX/2023. It was made XX/XX/2023.. They reported the date of the last payment on the account was XX/XX/2023. There were payments made on the account electronically that posted XX/XX/2023, XX/XX/2023 and XX/XX/2023 electronically and were posted to the account. AES reported to the credit bureau that the last payment received was XX/XX/2023 on XX/XX/2023 in response to the dispute I submitted to the credit reporting agency. As of XX/XX/2023 the account was not past due {$290.00} as of XX/XX/2023 which was confirmed by AES on on XX/XX/2023 verbally. In addition the attached payment history which was screenshot from my AES account show the payments were received and posted to the account. I requested information on the total loan payments I made over the life of the loan. I was told they could only provide me information on the total payments to AES. I think also I informed them that I was placed on a forbearance while I was making payments. I requested a copy of the MPN with terms of agreement so that I could see the what the total number of payments I was required to make. I was only sent the signature page of the MPN without the terms of the payment agreement. Without the total of payments made and the total payments required over the life of the loan then I am not able to make an informed decisions about President Biden 's new Student loan repayment plan SAVE.
Company Response:
State: IL
Zip: XXXXX
Submitted Via: Web
Date Sent: 2023-10-25
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A