Zwicker & Associates Student Loan Complaint

Zwicker & Associates Student loan department,

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

Between -/-/- and -/-/-, I cosigned for my son a series of - student loans through - ( - - - - ). - months after -, he began the process of repayment. At some point in the following - years, my son failed to make regular payments and the loans were subsequently turned over to a collection agency called Zwicker & Associates , P.C . When they reached out to me for the first time, I was stunned to find out my son and I were into this agency for roughly $31000.00. I explained to them that I as a cosigner, had never recieved a notice of delinquency from anyone, not -, nor Zwicker. I asked them to produce notices of collection which they could not, instead steering me back to - who when I called, refused to speak with me. My son since made an arrangement to pay them $300.00 a month for - years and that has now been increased to $400.00 at 12 %. For a young man starting a career, that is a large sum at ridiculous interest which will take him years to pay off. He also has about $80000.00 in additional student loans he 's paying down. What I would like to see is any type of collection notice sent to me as a cosigner. I would also like to see something done to eliminate the high rate of interest on these loans. I do n't dipute that the money is owed. What I am questioning is why I never recieved delinquncy notifications as a co-signer. In addition, this all went on my previously clean credit report as charge off 's.