Financial Asset Management Systems, Inc. Debt Collection Complaint

Federal student loan Improper contact or sharing of info contacted employer after asked not to

Financial Asset Management Systems, Inc. Debt collection department,

Federal student loan Improper contact or sharing of info Contacted employer after asked not to Illinois

Financial Asset Management Systems sent the attached letter to the payroll department of my employer. The letter included information regarding intent to garnish my wages, and the amount of the debt FAMS is seeking to collect. They allege the debt results from a defaulted student loan, but all of my student loans were consolidated and are in good standing. I have no defaults on any loan of any type on my credit history. FAMS has never made contact with me about this debt, the only contact I 've ever had with them is via the impermissible letter they sent my employer. The letter has caused me significant embarrassment and -.

Financial Asset Management Systems, Inc. customer in Illinois
Feb 10, 2017

* Source: CFPB Complaint Database

Financial Asset Management Systems, Inc. response to complaint:
Closed with non-monetary relief

Consumer disputes how Financial Asset Management Systems, Inc. handled their complaint

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