Performant Financial Corporation Student Loan Complaint

Performant Financial Corporation Student loan department,

Non-federal student loan Dealing with my lender or servicer Florida

Performant Recovery called me on behalf of the Florida Department of Education because I was behind on my loans. The lady, - -, told me that for my $8000.00 student loan balance at 8 % interest, she was offering me the following : - $100.00 to get started- $10.00 a month until the loan was paid in full, and- that they would report to the credit agencies that I was paying as agreed. I asked several times to make sure that I had correctly understood this too-good-to-be-true scenario. Instead, they charged me the initial $100.00, plus $100.00 a month. Further, when I received the contract, it said that the monthly was $100.00, that the interest was 18 % and would go to 24 % after the first 10 months, and that they would n't report it to the credit bureau until it was paid in full. Going directly to the Florida Dept of Education, I 'm $58.00 a month for 10 years. Interest charged is at 8 %. They do n't report anything except balance due to the credit bureau. Be careful with Performant Recovery and others like them. The situation was n't a misunderstanding ; it was downright deception.