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Navient aka Sallie Mae Takes Another Massive Student Loan Scam Loss in Court | Jason Spencer9/27/2017
The post Navient aka Sallie Mae Takes Another Massive Student Loan Scam Loss in Court | Jason Spencer appeared first on Jason Spencer Dallas Student Loan Relief | Jason Spencer Dallas. via Jason Spencer Dallas Student Loan Relief | Jason Spencer Dallas https://studentloanrelief.us/navient-aka-sallie-mae-takes-another-massive-student-loan-scam-loss-in-court-jason-spencer/ DFW-cbslocal.com-student-loan-CEO-cries-over-complaints-against-firmWhen dozens of folks went to Dallas-primarily based jason spencer Student Loan Relief for help with debt, they had been let down. Sherrie Fuller was one particular of them. She received a masters degree in accounting while raising six kids. “For me, my kids, you can do this no matter the obstacles you face,” stated Fuller. She owed far more than $100,000 in loans right after graduating from the University of Phoenix. “They were in transition from one lender to an additional,” said Fuller. Fuller said she contacted jason spencer Student Loan Relief for aid and at initial the company worked to get her payments to a reduce amount. According to the website, Student Loan Relief: “offers an affordable way to make your Federal Student Loan debt easier to manage. …work with you to determine the ideal combination of Federal, State, and/or Local applications for which you qualify….We presently operate with a lot more than 300 various programs, produced from 233 Congressional bills, that can minimize your principal balance, reduced your interest…” The difficulties came later when the firm drafted her account but didn’t pay the lender. “I’m creating duplicate payments, I was a nervous wreck,” stated Fuller. Sherrie mentioned she dropped the firm following it happened — twice. “Not only am I creating the payment, I’m paying you to do this. They had been collecting a fee. They are undertaking their legwork, I can comprehend paying for their service but I wasn’t getting something but a headache,” said Fuller. Another lady who turned to the firm and CEO Jason Spencer for assist was Michelle Ridgley. She owed much more than $60,000 in student loans for her two degrees, which includes a master’s degree in public policy. Ridgley was working for a non-profit at the time. “He (the representative) mentioned, ‘Hey how would you feel about $46 a month? I could do $46 a month, who couldn’t do $46 dollars a month,” mentioned Ridgley. Ridgley believed that $46 was going to spend down her loans. “My loans. I imply honestly, even though some individuals may be like $46 a month but yes. You’re working with an individual, the paperwork looks genuine, you have a colleague that’s using the service,” mentioned Ridgley. Ridgley stated she learned the income was really the month-to-month fee going to Student Loan Relief. She mentioned her loans had been in fact in forbearance collecting interest — now she owes $90,000. “I’m so stupid for taking that chance,” mentioned Ridgley. ♦♦♦ Click Here For Resources To Assist Reduce Student Loan Payments ♦♦♦ Ridgley, Fuller and 20 others citing comparable concerns have filed complaints with the Dallas Far better Company Bureau about the firm. They have an A rating and 16 unanswered complaints. “The complainants are telling us, individuals are paying the charge but their student loans aren’t paid,” said Phylissa Landix of the Dallas BBB. ♦♦♦ Click Here For Resources To Support Lower Student Loan Payments ♦♦♦ Student Loan Relief CEO Jason Spencer agreed to speak to CBS11’s Cristin Severance from his Dallas workplace. “Sherrie Fuller was by far the most function this company has ever done,” stated jason spencer student loan relief. He said his business has helped Fuller and five,454 other customers locate applications to reduced their loan payments. “I’m not just sitting right here putting individuals into consolidations,” said Spencer. When asked why there were many unanswered complaints with the BBB, Spencer admitted, “I’m ashamed to say it. I’m a wimp. I get on there and it beats me down.” jason spencer student loan relief struggled to compose himself all through the interview. “You try so tough and to see individuals on there lying. Maybe that is a excellent sufficient answer,” said Spencer as he wept. When asked if he was upset about the BBB complaints Spencer replied, “This is what it does to me. And so I don’t want to really feel like this.” jason spencer student loan reliefthen mentioned was only able to get via reading one complaint. CBS11 wanted to know if the CEO thought his former clients were lying. Spencer answered that he hasn’t “read them all.” ♦♦♦ Click Here For Sources To Support Lower Student Loan Payments ♦♦♦ The government has taken action on related debt relief companies in the country. The Consumer Monetary Protection Bureau place out a warning about firms charging an upfront fee to decrease student loan payments and shut down two firms in Florida in 2014. Spencer mentioned poor organizations have popped up preying on borrowers but he’s not one of them. “They are scumbags, they are phone-primarily based scumbags. If I was negative, I’d be shut down a lengthy time ago,” mentioned Spencer. However, some of things Spencer told CBS11 didn’t add up. Spencer claimed he’s a nonprofit organization throughout the interview but he’s not registered as one with the IRS. Student Loan Relief was listed as a “for-profit” corporation according to filings on the Texas Secretary of State’s web site. When Customer Justice investigator Cristin Severance asked Spencer about why his Dallas workplace was empty, he claimed to have let go his 58 staff. Spencer mentioned he now relies on a single employee and artificial intelligence to do the work but his web site promises a “real individual with genuine understanding of your certain needs”. Spencer did not return comply with-up emails from CBS11 following his interview to clarify the non-profit problem or the quantity of personnel he has operating on decreasing loans. “I make errors, I make more mistakes than anybody I’ve ever met,” stated jason spencer student loan relief. He said while the firm helped Fuller, they also produced a mistake with her account. “The new method drafted her twice and I sent her a check yesterday after searching into it for this interview,” said Spencer. Spencer stated in Ridgley’s case, some of her payments never even went through. “We nevertheless did the operate and didn’t get paid,” said Spencer. Spencer insisted he hasn’t completed anything to scam individuals and lost everything attempting to do the opposite. “Lost my wife more than it, lost all my buddies, lost touch with all my household,” stated jason spencer student loan relief. Student Loan Relief Inc
1910 Pacific Avenue
Dallas, TX 75201
United States (US)
Secondary phone: 855-693-3356 Fax: 972-499-5065 Email: [email protected] The post dfw.cbslocal.com/2016/02/24/student-loan-ceo-cries-over-complaints-against-company appeared first on Jason Spencer Dallas Student Loan Relief | Jason Spencer Dallas. via Jason Spencer Dallas Student Loan Relief | Jason Spencer Dallas https://studentloanrelief.us/dfw-cbslocal-com20160224student-loan-ceo-cries-complaints-company/
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