Review and analysis of over 103 complaints against First Associates Loan Servicing LLC
First Associates Loan Servicing LLC consumers have reported over 103 official complaints related to Can't repay my loan. Out of the 103 consumer complaints against First Associates Loan Servicing LLC, 15% were disputed by the consumer (i.e. the consumer was not happy with how First Associates Loan Servicing LLC responded to their complaint) and 97% were processed in a timely manner. 0% of consumer complaints against First Associates Loan Servicing LLC resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 7% resulted in non-monetary compensation.
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First Associates Loan Servicing LLC Student loan can't repay my loan can't get flexible payment options November 16, 2016 - I was forced into a loan situation using Peaks Loans instead of the - loans i wanted to use while attending -. I would like to get out of these loans but i can not get a loan to consolidate the payments at a lower rate than the 11 % i am being charged now. This company has alos reported that my loans were past due at times that they were n't and would randomly report that i was 90 days past due and then the next month state that i was current. This would bounce around like this for a while and i could not get anyone to discuss with me about the amounts and why they were the way they were... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't decrease my monthly payments May 20, 2016 - I attended - - for a - degree program for -/-/--. I was never advised of a private loan being taken out until collection efforts began. I was able to defer the loan for no more than 12 months and after that I had no choice but to pay them for my credit to remain clear. All other loans were able to be entered into student loan and public service loan forgiveness, except this private loan. I am struggling to pay this loan every month, which I did n't know existed until about a year after graduating, and the loan company is advising that I have already used deferment and have no... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't decrease my monthly payments May 9, 2016 - I went to - - Va from -/-/- to -/-/-..I 'm - and I have $60000.00 in student loan debt from - - - - $30000.00 from federal loan and the rest from a private lender. My student loan payments are about $520.00 a month just from the private lender Peaks loan. - - sold it to them and i got stuck with them. I make - payments to the same private lender every month and they wo n't consolidate it because they said it has different interest rates.They would n't even tell me who owns the loans. that 's when i sense fraud.When i was reading about - tech get... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't get flexible payment options April 30, 2016 - Attended -. Was basically told on my last year of school that i had exhausted my Federal Loans, and the only way to continue school would be to pay out of pocket ( which I could not do ) or receive one of their Peaks Private student Loans. At the time i believed that this was for the remaining $12000.00 of my tuition. This loan was filled out in my name for now over $25000.00 with an absolutely outrageous interest rate. I feel like I am now stuck between a rock and a hard place. They want over $400.00 a month from a fresh graduate. On top of having to keep current with my Federal Lo... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't get flexible payment options April 25, 2016 - You currently have a case pending VS. - - that covers these ridiculously over priced loans that they preyed upon the students for. My question is what are the students supposed to do in the mean time? I just received my monthly statement in the mail and it went up about $100.00 for the month. I cant afford to pay that to them but they wont work with the payments either. So while this plays out in the courts what are we the students supposed to do? Can you push an injunction to get them to freeze all - and PEAKS account collection activity until this is resolved? When do those of us ... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't get flexible payment options March 20, 2016 - I enrolled at - -, under the premise of a better opportunity and advanced learning. Once enrolled I quickly saw how the institution was a joke. Teachers passed you with no problem as long as you showed up for class. I did not want a free ride, I actually wanted to learn a skill that I could utilize in the work field. Once I saw this I began to look elsewhere for schooling and then learned the bulk of my credits were non transferable, and that most employers do not consider - an accredited school. This is not the message I was given when I enrolled. I was told how employers consider gr... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't get flexible payment options March 16, 2016 - Peaks loan company is unwilling to assist with repayment options, I never signed up for them and was never informed by - -, and their interest is the highest I have ever seen for student loans. ... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't get flexible payment options March 6, 2016 - - took out a loan on my behalf to pay for a Temporary Credit they say I owed them immediately upon graduation and that I could not setup a payment plan on. My understanding is that this is common practice for them and I am not the only person who has had this happen to them. There is no way I should have even qualified for this loan, or any loan from them, as I had no income and no co-signer when I applied for - and no means to repay the loan other than a promise of a high paying job once I graduated. The loan was through - - - - ... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't temporarily postpone payments February 15, 2016 - I attended - - and did not qualify for an certain amount of aid so I was told they would provide a private lending loan. I was not fully aware that these loans can only be put into deferment for only six months after me graduating. I am currently in school and can not make these payments. This degree that - offered does not qualify for any jobs these days. ... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't temporarily postpone payments January 20, 2016 - Attending - from -/-/- -/-/-. This was the first time I had ever attended college. It came down to the last quarter of my - degree and was told had no student loan funds available. Next thing, all of sudden funds were available if I signed to continue degree. After I graduated I received notice that I owed $46000.00 in federal student loans and have - private loans through - totaling $18000.00. The peaks amounts were due immediately upon graduating. And when I went back to school at - University were not deferrable unless I returned to -. They can not be consoli... |
First Associates Loan Servicing LLC Student loan can't repay my loan can't temporarily postpone payments October 31, 2015 - I have chosen a - - - school in the town of - -, at -, for my -, they promised me and gave me a wrong information dramatically, just, only Federal loans will cover your two years of -, they came to me one fine morning, they have asked me to sign a form to raise more private student loan by way of raising loan only your entire two year student cost 's will be covered apart from the Federal student loan, i could not do anything at that, since i have already started my classes in the middle of the semester, i was trapped and forced to sign that private student loan applica... |
First Associates Loan Servicing LLC Student loan can't repay my loan September 2, 2015 - Was tricked into applying for a private loan with peaks under the guise that it would be a part of my existing loans with - -. Peaks offers no provisions for a deferment and refuses to offer me any assistance with repayment, I 'm - dollars in dept and - dollars behind, since I was not able to make my payment, my account is now - days delinquent. If they had offered a forebearence option or an income based repayment like - - does, I would not be in this situation. Their collectors are calling multiple times a day. Im having a very difficult time managing the - this is ca... |
First Associates Loan Servicing LLC Student loan can't repay my loan August 26, 2015 - When attending - I did not know the high interest rates from my private loans. The payments are too high and hard to afford. Current interest rates are 10.25 %. I am submitting this complaint from attending - from -. When attending - we were not told about the interest rates and pressured into the loans. Below is the amount owed to First Associates Loan Servicing, - $6200.00 $ - is the contact info for First AssociatesPhone : - : - - - -, CA - ... |
First Associates Loan Servicing LLC Student loan can't repay my loan August 18, 2015 - I went to - - and was told i needed to get a Peaks loan to cover my Temporary Credit balance, or else i would need to pay the full amount of the temporary credit and the follow years tuition or else I would n't be able to finish my degree program. ... |
First Associates Loan Servicing LLC Student loan can't repay my loan July 8, 2015 - I attended - - in - MA. Now I have Federal and Private Loans. The Federal I was able to consilidate - loans into 1. But I still have - private loans each with large interest rates. I 'm struggling to pay these debt off now. ... |
First Associates Loan Servicing LLC Student loan can't repay my loan June 17, 2015 - I went to - in - with hopes of starting a brighter future and while I was finally able to land a job in the - they almost laughed during my interview when I told them I went to -. My personal experience and own certifications landed me a job not the education '' received at -. What 's worse even though I was told I could later continue my education at another University I later found out that these credits were non-transferable! So everything they promised and told me and everything they did n't '' tell me has hurt me and not helps. Also, thanks to Peaks private loans I starte... |
First Associates Loan Servicing LLC Student loan can't repay my loan May 20, 2015 - I - from - - - in - -, MI - in -, 2011. I received a federal student loan & also a student loan through - ( - ). I can not afford the payments for this loan. No one will touch this loan to refinance it because it is through -. They will do absolutely nothing to work with me. In the beginning of -, I called to speak to someone there & phone rep told me that I had 180 days to catch up on my current payment before it would affect my credit. Sure enough, they have reported to the credit bureau that I am behind. I am currently trying to obtain a mortgage & have h... |
First Associates Loan Servicing LLC Student loan can't repay my loan April 1, 2015 - I received an - - from - - University in - NY in 2012. I was - off from my job and wanted to go back to school. What I could not get Federal loans for - - said they would get me - loans for. I am now in debt for around $50000.00 and am having trouble making all the payments. ... |