Financial Asset Management Systems, Inc. Debt Collection Complaint

Non-federal student loan False statements or representation attempted to collect wrong amount

Financial Asset Management Systems, Inc. Debt collection department,

Non-federal student loan False statements or representation Attempted to collect wrong amount California

- hired Financial Asset Management Systems to collect on student loans. Financial Asset Management Systems is alleging that I have only paid $1000.00 in total for the last 13 payments that I have made on my account. This is false. Financial Asset Management Systems is flagrantly violating the Fair Debt Collections Practices Act by not accounting all my payments properly. Financial Asset Management Systems is asking me to provide proof of payment when they should be the ones that should be correctly totaling my accounts. Each monthly payment on my account has been for at least $250.00, however Financial Asset Management Systems is incorrectly claiming that I have only paid $1000.00, which is patently false. - and Financial Asset Management Systems are engaging in deceptive debt collection practices. Under CFPB complaint number -, Financial Asset Management Systems is incorrectly claiming that I have only paid $1000.00 on my account. Financial Asset Management Systems is engaging in deceptive debt collections practices because I have paid way more than that amount of my account and it shouldnt be up to me to proprerly credit my account, it should be up to the debt collector. Financial Asset Management Systems is misrepresenting the payments I have made on my account and not properly accounting all the payments that I have made.

Financial Asset Management Systems, Inc. customer in California
Dec 26, 2015

* Source: CFPB Complaint Database

Financial Asset Management Systems, Inc. response to complaint:
Closed with explanation

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