Transworld Systems Inc. Student Loan Complaint

Transworld Systems Inc. Student loan department,

Non-federal student loan Dealing with my lender or servicer Received bad information about my loan Illinois

Transworld Systems Inc claim they are the record keepers for - but per - state law, they are a trust not a lender like - - - claim. In order for any servicer or collection agency to collect on this, they will need to show the dates of delinquency, how much is owed, when the loan was sold, proof that - still owns the loan because is a known fact that - sells debts into investment vehicles which means the loan could be anywhere. - must have all of the correct documentation before anyone could collect on it per - law. This is showing as 180 days past due but I have never received actual where my loan is, a promissory note is not enough information since debts are bought and sold all of the time. I spoke with a consumer rights attorney - and they - say the same thing, that the servicer and the collection agency must have proof they are suppose to collect on the loans. - is a - trust, not a lender or guarantor. I was also notified that - used - - to finance which means they are not a lender because they are not a bank or credit union. It is illegal to collect on this debt without the proper documentation. I want the loans completely removed from my credit report because what - must have possession of the loan to collect on it which is hard to prove since they sell loans as investment vehicles to shareholders.