Usacomplaints.com » Business & Finance » Complaint / Review: Ecmc - Educational Credit Management Corporation When I consolidated my loans they dubbled my principal. #838418

Complaint / Review
Ecmc
Educational Credit Management Corporation When I consolidated my loans they dubbled my principal

I originally borrowed $41,000 for school. I consolidated some loans and later I consolidated again. Last year I consolidated with ECMC. They never told me that as soon as I signed the papers that my loan principle would double from $65,000 to almost $140,000 overnight. When I began investigating what happened I learned that each time I consolidated my principle was doubled. Not just by ECMC. My payment is now over a thousand per month and my total repay amount is $364,000. For $41,000 in loans!


Offender: Ecmc

Country: USA
Site:

Category: Business & Finance

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