SECURITY CREDIT SYSTEMS INC Student Loan Complaint

Non-federal student loan Dealing with my lender or servicer trouble with how payments are handled

SECURITY CREDIT SYSTEMS INC Student loan department,

Non-federal student loan Dealing with my lender or servicer Trouble with how payments are handled Pennsylvania

Account Reference : - I was promised that letter in exchanged for paying the total balance of $1700.00 that - - had told me was due. I had several conversations with - - last week, Thursday -/-/- and Friday -/-/-, during which he assured me that once I pay the full balance due he would provide me with a paid in full letter by Tuesday - of - 2015. On Friday - I went to my bank and got a cashier 's check for $1700.00. I then when to the - - - - that was next door to my bank and deposited the check to the account that was provided to me by - -. - - asked me to fax a letter authorizing him to fax me the letter of paid in full and I faxed that letter on Monday -/-/-. I had made the mistake of telling - - that I was in the process of buying a house and needed the paid in full letter. I explained to - - that my loan Officer and Real Estate Agent were waiting for the letter and my deadline to submit that letter was Tuesday -/-/-. - - did


would not provide me the letter of paid in full that I need in order to buy the house. The actions of - - and Security Credit System have caused great financial damages to me and my family to the sum of over $95000.00. The way I was singled out by Security Credit System for extortion after I mentioned I was buying a house is a clear violation of the federal Fair Debt Collection Practices Act ( FDCPA ). " The collector can not misrepresent the amount you owe. [ 15 USC 1692e ] 807 ( 2 ) ( a ). The collector ca n't add on any extra fees that your original credit or loan agreement does n't allow. [ 15 USC 1692f ] 808 ( 1 ) Sc-motion-3. when representatives from Security Credit System called did not identify themselves as a collection agencies they identified themselves as calling from -.

SECURITY CREDIT SYSTEMS INC customer in Pennsylvania
Dec 02, 2015

* Source: CFPB Complaint Database

SECURITY CREDIT SYSTEMS INC response to complaint:
Closed with explanation

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