Complaint / Review
Acs
Ripoff ACS's Slippery Salesman Trick Student Into Rolling Over Their Government Loans Only To Find Out That As Soon As You Are Below 6 Credits They Want Thei Cash

About one year ago, I had every slick talking student loan deferment company on the planet harassing me five days a week, in an attempt to lure me into switching my college loan over from Uncle Sam, to them. I was told by the ACS representative that nothing at all was different about my loan, if I switched with them, other than the fact that they were going to save me $. As it turns out, this was a lie. If I had the money for a lawyer to convert their contract wording into common, comprehensible English, my reply would have been not on your life, buster

My mail (from SUNY Oswego) was lost and misplaced due to the incompetence of those in charge of the mail room (at SUNY Oswego). I was just made aware by a debt collector working for ACS that I was over due on my loan repayment!?!?!? Uncle Sam has to be the biggest crook in the USA; or so I thought. At least the government gives a student 6 months to find a job, before they send the leg breakers in to collect. Uncle Sam even lets things slide, if you were just laid off, or are having money issues. ACS on the other hand expects you to pay the piper as soon as you fall below 6 credits! Thats not a typo; you need to pay them as soon as your college enrollment is below 6 credits = what a scam! I was taking a 4 credit class this semester, because I needed a break from the 12 credit crunch. Had I know of their greedy amendment to what I thought was the same rules as what the governments loan rules are, I would have taken a stinking 2 credit class to avoid this hassle, and credit smear on my record. I would like to find out how I can have my loan given back to the government, because I feel that I was tricked into switching with ACS's slippery phone representative. Another option would be to have ACS do the right thing and align their student loans with the governments rules for repayment.
Customer is Seeking Other.

I would like to find out how I can have my loan given back to the government, because I feel that I was tricked into switching with ACS's slippery phone representative. Another option would be to have ACS do the right thing and align their student loans with the governments rules for repayment.