Transworld Systems Inc. Student Loan Complaint

Non-federal student loan Dealing with my lender or servicer need information about my balance/terms

Transworld Systems Inc. Student loan department,

Non-federal student loan Dealing with my lender or servicer Need information about my balance/terms Texas

I was made aware of the suit between the CFPB and - -, specifically regarding the high interest - loans. I was forced to take out one of these private loans or have to drop out of school in - -. I was originally quoted 6.8 % but ended up not getting approved for whatever reason and landed 14.9 %. I was never notified of the suit until I found out on my own recently. I graduated in -/-/- but my transcripts and diploma were withheld until -/-/-. My loan was sold to University Accounting Service in -/-/-. I am not sure how or why. I have had issues with them from the beginning. Their site is very sketchy, they have added a new " convenience fee '' so that I can continue to pay with my debit card. The fee will be waived if I give them my bank account information! I am not comfortable with this. Last month they sent me - statements to pay. It seems like it is always something new. With the high interest, I will never be able to pay this loan off. I recently asked them for proof that they did in fact


law suit they were annoyed. They said I did not qualify. I asked about a possible forbearance until my attorney could get to the bottom of this and they said they could no longer speak to me and if I had infact been speaking to an attorney about this matter that all communications and requests for my original loan documents would have to be from the attorney. I am stunned. I do n't know what to do, what my options are and received no answers regarding the decrease in my loan. Now they refuse to talk to me period and I will have to continue paying them or risk credit issues? I am sick to my stomach and have no idea where to go from here. Please help!

Transworld Systems Inc. customer in Texas
Mar 31, 2016

* 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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