Transworld Systems Inc. Student Loan Complaint

Non-federal student loan Dealing with my lender or servicer

Transworld Systems Inc. Student loan department,

Non-federal student loan Dealing with my lender or servicer New Jersey

My son took out a student loan and I cosigned the loan with - company. He has been paying the loan for years. I received a collection notice from a TransworldAgency a debt collection agency stating that the loan was in default with - -. I never received any notification from the original debtor nor from - - stating that they had the loan now. I requested a copy of the promissory note which I received along with a statement showing all my son 's payments ( which is current through - 2015 ). I do not wish to answer this debt collection company. I should not have received any notification since I was not the primary debtor and the loan is current. I have had issues with - - in the past with - loans I cosigned for my daughter where they illegally sued me for payment without any prior notification that the loan was defaulting, etc. I in turn answered the complaints and had the default judgments removed ; however, I am paying the loans now. I did not go after them for unfair collection practices, but this time I wish to. I had signed an agreement with the attorneys that I would drop my lawsuit so they would remove the default judgments against me. It all was totally illegal and being that I had numerous medical issues to address and a full time job, I did not have the funds or the time to pursue suing - - and their collection attorneys. However, this time I wish to do everything in my power to stop - - from harassing those who have loans taken over by them.

Transworld Systems Inc. customer in New Jersey
Apr 30, 2015

* Source: CFPB Complaint Database

Transworld Systems Inc. response to complaint:
Closed with explanation

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Contact Transworld Systems Inc.

https://www.tsico.com/
(877) 282-1250
[email protected]
PO Box 15618
Wilmington DE 19850

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