Student Loan Finance Corporation Student Loan Complaint

Student Loan Finance Corporation Student loan department,

Non-federal student loan Getting a loan Can't qualify for a loan Minnesota

I am from -, came to US in - to pursue my - in University - ( - ), - -, ND on an - ( - - ). I was maneuvered as a cosigner of student loan in an unfortunate and insidious situation by the primary borrower -/-/-and the principal of the student loan was $9200.00. The primary borrower, an US citizen, was working as - - of - where I joined to pursue my - program and later started working as an part time employee of - section of - and also. She took advantage of her position at - and me by asking to cosign her own financial loan application. Because of different cultural background, lack command of English language used in statutory/promissory and deceived and untruthful manipulation by the primary borrower I could not asses the gravity of the cosigners responsibility. According to my previous knowledge and experience about loan process in back in -, I thought my signature was just for verification of identification of borrower, no financial responsibility associated. Also in - the financial obligation of cosign is fulfilled by immediate relatives of primary borrower whose assets and financial conditions are judged before. Furthermore


for her academic advancement. She also took responsibility that I would not have any financial obligations as I am an - who do not qualify as cosigner. I also intended to help her as my past colleague to pursue her academic advancement without any financial responsibility. Unfortunately, she after few initial payment stopped paying the loan and I started getting letter, phone calls and a letter from the creditor 's attorney to me threatening of legal action if loan is not paid. I communicated the bank through phone call and letter from my side and also by an attorney who sent a letter on my behalf to the banks attorney in response ( in -/-/- ). I conveyed them several time that I do not qualify as a cosigner for the loan and requested them to exclude me as cosigner but Bank did not listen to that. I am still receiving letters and phone calls. My credit score has severely affected by this outstanding loan amount. I am getting immense mental stress and harassment. I would like to know what the solution of this issue is. I am attaching the copy of the promissory note of the loan that I signed as cosigner. Please help me.