Education Management Corporation Complaint: Getting a loan

#1603442 13 Oct 2015

Student loan Non-federal student loan

Complaint #1603442 submitted on 10/13/2015 relating to Education Management Corporation. 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 Tuesday 13th October 2015.

Narrative (may be redacted).

I attended The XXXX XXXX from XXXX. I was promised enough student loans to complete XXXX and the ability to transfer my credits if necessary. After using approximately {$40000.00} in loansI was informed that my program had been cancelled. Not wanting to enroll in any other programs offered I decided to transfer. To my dismay I discovered that only a few of my credits would transfer and I had to start over again. The federal government has sued XXXX, the parent company for just such fraudulent behavior. XXXX has instructed the school to return XXXX XXXX dollars to it 's students and XXXX has a class action suit in progress. Can you help me recover some of my losses?

Company Education Management Corporation
Complaint ID 1603442
Date Received 10/13/2015
Product Student loan Non-federal student loan
Issue Getting a loan Qualify for a better loan than offered
State/ZIP Code CO 800XX
Consumer Consent Consent provided
Company Public Response Company disputes the facts presented in the complaint
Company Response To Customer Closed with explanation
Submitted Web 10/13/2015
Result Timely Response: Yes, Consumer Disputed: Yes
 

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