Non-federal student loan Dealing with my lender or servicer don't agree with fees charged
Williams & Fudge, Inc Student loan department,
Non-federal student loan Dealing with my lender or servicer Don't agree with fees charged Texas
I had a private student loan for the appx amount of - dollars with - - - in -. The loan was sold to Williams & Fudge , Inc when I was not able to come up with a payment plan. -/-/- I found employment and made a payment plan with Williams & Fudge to pay $60.00 every 2 weeks for a total of $120.00 per month. I paid this amount for the remainder of -/-/- all of -/-/-, -/-/- and thru - -. I requested an interest statement from Williams and Fudge in -/-/- to file my taxes they referred me to - - -, I called them and they said when they sell a loan to a third party collector there are is no longer interest on the loan. I called Williams and Fudge back and asked why after 3 years of payments my balance was not going down they said due to the interest and additional fees. I immediately stopped the semi monthly draft and would like this to be investigated. I will never get the loan paid off and can not afford to pay the $1000.00 per month that they are telling is required to reduce the balance. I recently received an interest statement from them showing that I paid interest on this school loan. It is all very confusing.
Williams & Fudge, Inc customer in Texas
Apr 28, 2016
* Source: CFPB Complaint Database
Williams & Fudge, Inc response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintWebsite | https://www.wfcorp.com/ |
Phone | 800.849.9791 |
[email protected] | |
Address | 300 Chatham Ave Rock Hill SC 29730 |
Williams & Fudge, Inc | |
Williams & Fudge, Inc |
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