Financial Asset Management Systems, Inc. Debt Collection Complaint

Non-federal student loan Disclosure verification of debt right to dispute notice not received

Financial Asset Management Systems, Inc. Debt collection department,

Non-federal student loan Disclosure verification of debt Right to dispute notice not received New Jersey

I have not received any mail or calls from the lender since -/-/- when it was charged off my account. Then yesterday a collection company called my cosigner and asked for a payment of $4000.00 toward a debt from -/-/- of $14000.00. The collection company also told her that by paying $4000.00 her financial responsibility as a cosigner would be removed. I have not received any notice of right to dispute, nor was it mentioned in my call today. As far as I was concerned this account was charged off and it does n't even appear on my credit report.

Financial Asset Management Systems, Inc. customer in New Jersey
Sep 16, 2015

* Source: CFPB Complaint Database

Financial Asset Management Systems, Inc. response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Financial Asset Management Systems, Inc.Complaint HistoryComplaints10/201311/20136/201410/20141/20153/20156/20157/20158/20159/201500.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Financial Asset Management Systems, Inc.Disclosure verification of debt100.0%Closed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageDisclosure verification of debt4.9%76.1%1.4%15.4%0.7%1.5%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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