Universal Account Servicing, LLC Consumer Loan Complaint

Installment loan Managing the loan or lease

Universal Account Servicing, LLC Consumer Loan department,

Installment loan Managing the loan or lease Massachusetts

I believe this company is operating a loan scam that involved bank fraud and wire fraud among other issues. I kindly submitted a Privacy Act request giving them the opportunity to document how their business is legitimate but they failed to respond. They have worked with - - - -, - where they create a fictitious debt obligation. However, there is no validation that any funds of value were actually loaned out to create any debt. They have - other companies as well known as Universal Account Servicing , LLC and the Universal -. These - with - - - -, - in some form or another have all tried to collect on the same alleged debt. How can - or more entities be the legal CREDITOR to the exact same date? When questioned they back off quickly thus demonstrating their lack of legal legitimacy. They have violated perhaps several dozen laws, codes, and statutes not to mention not having the proper licensing to create loans like a bank and be a broker and dealer of securities. If they do n't resolve this I have no choice but to reach out to the United States Attorney.

Universal Account Servicing, LLC customer in Massachusetts
May 13, 2016

* Source: CFPB Complaint Database

Universal Account Servicing, LLC response to complaint:
Closed with explanation

Consumer disputes how Universal Account Servicing, LLC handled their complaint

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