Complaint #1717090 submitted on 12/27/2015 relating to Campus Student Funding, LLC. Complaint relates to Student loan Non-federal student loan - Getting a loan Qualify for a better loan than offered.
Complaint was submitted via Web and sent to the company on Wednesday 30th December 2015.
Upon beginning classes through the XXXX XXXX ( " XXXX '' ), I was obligated by this school to borrow student loan funds through XXXX XXXX XXXX ( " XXXX '' ) ; I was awarded no alternative loan providers and was advised that I could not seek and/or apply any other student loan monies from any other loan servicer. Then, a few months after I began my studies at XXXX ( and while still attending there as a full-time student ), I was notified on several occasions by the director, president, and other financial advisors at XXXX that I had to start making payments on my student loan, and was threatened to be expelled from XXXX and, if I neglected to start making payments on the loan, that XXXX would report this on my credit bureau as a delinquent loan balance. So, I contacted XXXX to establish a repayment plan, but was told that there was no repayment plan that could be offered. In or around XXXX XXXX, 2015, my student loan was transferred to University Account XXXX, XXXX from XXXX after the CFPB Student Loan Settlement became effective. This student loan was established on false and predatory lending practices, and is also a violation of XXXX, Title 12 U.S.C. 5531 ( a ) ), the Higher Education Act, and the Federal Trade Commission Guides for XXXX XXXX.
Servicemember
| Company | Campus Student Funding, LLC |
| Complaint ID | 1717090 |
| Date Received | 12/27/2015 |
| Product | Student loan Non-federal student loan |
| Issue | Getting a loan Qualify for a better loan than offered |
| State/ZIP Code | OH 432XX |
| Consumer Consent | Consent provided |
| Company Public Response | Company believes complaint caused principally by actions of third party outside the control or direction of the company |
| Company Response To Customer | Closed |
| Submitted | Web 12/30/2015 |
| Result | Timely Response: Yes, Consumer Disputed: Yes |
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