First Associates Loan Servicing LLC Student Loan Complaint

First Associates Loan Servicing LLC Student loan department,

Non-federal student loan Can't repay my loan Can't get flexible payment options California

Attended -. Was basically told on my last year of school that i had exhausted my Federal Loans, and the only way to continue school would be to pay out of pocket ( which I could not do ) or receive one of their Peaks Private student Loans. At the time i believed that this was for the remaining $12000.00 of my tuition. This loan was filled out in my name for now over $25000.00 with an absolutely outrageous interest rate. I feel like I am now stuck between a rock and a hard place. They want over $400.00 a month from a fresh graduate. On top of having to keep current with my Federal Loans.


I feel I am the victim of predatory lending and there is no way financially for me to even remotely pay this loan back at the interest rate they provided. % 16 interest. There is NO way i can pay this. Ive tried working with them to lower my rate and get a refinance. They will not budge due to my credit score, which is only getting worse due to THEM. This is going to affect my young daughters and my life forever and i dont know what to do.