Review and analysis of over 10 complaints against Financial Asset Management Systems, Inc.
Financial Asset Management Systems, Inc. consumers have reported over 10 official complaints related to Attempted to collect wrong amount. Out of the 10 consumer complaints against Financial Asset Management Systems, Inc., 20% were disputed by the consumer (i.e. the consumer was not happy with how Financial Asset Management Systems, Inc. responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Financial Asset Management Systems, Inc. resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 20% resulted in non-monetary compensation.
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Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount January 5, 2017 - Financial Asset Management Systems ( FAMS ) is attempting to extort money from me. FAMS and - were supposed to send me a settlement agreement in the mail which I never received. The settlement amount was $10000.00. Now FAMS is trying to extort more money from me by asking for $15000.00 when I never received the settlement agreement for the $10000.00. FAMS is claiming that I did not accept the $10000.00 settlement amount in a timely manner. This is lie, and a flagrant violation of the Fair Debt Collections Practices Act. I was supposed to receive a settlement agreement in the mail wh... |
Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount December 29, 2016 - I have been paying Financial Asset Management Systems ( FAMS ) for two years on a student loan debt that is owned by -. FAMS has been miscalculating my payments and not applying my payments correctly to the alleged balance which is a flagrant violation of the Fair Debt Collections Practices Act. FAMS has been adding interest to the balance which is also a violation of the Fair Debt Collections Practices Act. I would be willing to settle the student loan debt for $5000.00. - had offered a settlement agreement of about $10000.00 more than 6 months ago. I have been making monthly paym... |
Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount January 16, 2016 - Under CFPB complaint number -, - alleges that - and/or Financial Asset Management Systems can run my credit report anytime they want. That statement is false. In addition, whoever wrote the response from - to CFPB complaint number -, does not know what they are talking about because they cited the wrong applicable law. They cited the Fair Debt Collections Practices Act. The applicable law is the Fair Credit Reporting Act in conjunction with the Fair Debt Collections Practices Act. It is a very fine line between being able to run someone 's credit report including mine whenever t... |
Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount December 26, 2015 - - hired Financial Asset Management Systems to collect on student loans. Financial Asset Management Systems is alleging that I have only paid $1000.00 in total for the last 13 payments that I have made on my account. This is false. Financial Asset Management Systems is flagrantly violating the Fair Debt Collections Practices Act by not accounting all my payments properly. Financial Asset Management Systems is asking me to provide proof of payment when they should be the ones that should be correctly totaling my accounts. Each monthly payment on my account has been for at least $250.00, h... |
Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount December 11, 2015 - - hired Financial Asset Management Systems ( FAMS ) to collect on private student loans. Financial Asset Management Systems ( FAMS ) is not reporting all the payments that I have been making since -/-/-/-/-/2015. I made payments in -/-/2015/-/-/2015 to FAMS which are not being reported to the balance. FAMS has illegally not reported all the payments that I have made on my account. I took a screenshot of the payments that are being reported via FAMS online payment system but they do n't reflect payments from -/-/-/-/-/2015. The payment system is not reporting payments made ... |
Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount October 12, 2015 - - hired Financial Asset Management Systems to collect on a private student loan. Financial Asset Management Systems - FAMS - had previously stated in a Consumer Financial Protection Bureau complaint that I had filed that they do not save credit card information. Their statement was false and deceitful because I went online today to make a payment to the FAMS online payment website and they had - different credit cards saved under my name and account information. FAMS is intentionally misrepresenting that they do not save credit card information when in fact they do save credit card... |
Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount July 1, 2015 - Financial Asset Management Systems ( FAMS ) has continued to threaten to restart interest on my student loans which is currently at 0.01 %. FAMS has repeatedly threatened to restart interest at 8 % in order to continue to get payments from me which is an flagrant violation of the Fair Debt Collections Practices Act. FAMS has continued to threaten me that they could restart the interest to 8 % if they do n't get payment from me which is an abusive practice and violation of the Fair Debt Collection Practices Act. FAMS continues to make these threats as a coercion tactic to get money from me. The... |
Financial Asset Management Systems, Inc. Debt collection false statements or representation attempted to collect wrong amount May 26, 2015 - I signed up with the .001 % loan rehabilitation program with Financial Asset Management System ( FAMS ) and - for my student loans. When I started the program I was told that my credit report would be updated after - payments of $250.00 per month to reflect the new rehabilitation program. In addition, I was told by the FAMS representative that my credit report status would be changed to in repayment after 3 monthly payments of $250.00 each month. Financial Asset Management Systems misrepresented and flagrantly lied about my credit report being updated. I have made 4 monthly payments ... |