In June we attended a seminar at the Comfort Inn, hosted by the College Funding Center. We signed a contract with them in which they guaranteed 100% college funding for our daughter. We paid them $120.00 that day, (June) and set up the remainder on an automatic withdrawal from our checking account. The drafts started coming out of our account in July at $110.81, and continued to come out until July. This was a total of $1440.00.
In January we received a postcard in the mail informing us, with deep regret and sadness, we must inform you that College Funding Center (and it's parent company, The College Advantage, Inc.) has been forced out of business after nineteen years... This letter terminates all College Funding Center communications - both from and to the company. Did they actually think people that had been out this much money would just drop it, and not try to contact them or "someone" to help?
Just now, in other testimonials regarding this company, I find out they were "forced out of business", and assets frozen since May. If this is true, why did the drafts continue to come out of my checking account until July.
If anyone has any information on what we can do to be reimbursed our money, please let us know.
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