I have two current complaints against Corinthian Colleges. I personally attended Everest Institute in Grand Rapids and would not recommend this school.
On October 14th, a fraudulent loan application was submitted in my name for a private Sallie Mae Signature Loan. I did not apply for this loan, and had no knowledge of it, until I was notified via TrueCredit that a credit report had been pulled in my name. Upon contacting Sallie Mae regarding this issue, they were told by the Director of Finance that I personally walked into their offices that day and sat down at one of their computers and submitted the loan. This is impossible for three reasons. 1.) I was at a school function all day 2.) I know that I do not qualify for Sallie Mae's underwriting guidelines for a private loan and 3.) I would have had no reason to go into the financial aid office. I have high speed internet and two computers at home. I feel that both Sallie Mae and Everest Institute in Grand Rapids are trying to cover up a.) the illegal pull on my credit and b.) the fact that someone in that office has broken the law by illegally submitting an application in my name and refusing to confess to it.
Michigan State law states that under the Michigan Penal Code Act 328 of 1931 it is illegall for a financial institution to
1.) Prepare or submit an application for a loan or other extension of credit in another person's name without authorization from that person.
And that a person who violates this is guilty of a felony punishable by imprisonment for not more than 4 years or a fine of not more than $2500, or both.
I have had to place credit freezes on all three credit bureaus and have filed complaints with the BBB of PA.
Sallie Mae is now refusing to speak with me further, and I am ready to file a small claims against them. I refuse to speak with Everest because of previously shady dealings in the financial aid office. I found it interesting that the main financial aid girl just up and quit in the middle of the semester with no warning. Coincidence? Naw...
Then we come now to tax time. I recently received by Form 1098-T in the mail and boy was it full of errors!
Corinthian Colleges claims that I paid them $22243.22 in total. Tuition payments and private loans. However, they don't mention the $100 in cash that I paid as a deposit that they threw into the loan itself, and they don't mention that the contract that I signed stated that tuition was $23690.00. Which means according to my records, somewhere they have failed to report $1446.78.
Semesters 1 and 2 are listed as $16114.71. Semester 3 is listed as $7575.29. Total coming to $23690.00.
So let's see.
I paid $100 cash up front for my deposit into my program.
I have one private loan for $9986.00
I have another private loan for $2294.00
Federal Loans for $8000.00
And another federal loan for $5355.
Which comes to a Grand Total of $25735.00
Now I understand that books were included in with that, so that weld be minus $1282.46.
But that still leaves me with $24452.54 owing towards tuition. So where has the rest of that money gone? Why do they claim that they only received $22243.00 for tuition from me? Clearly that's not the case, and now I am saddled with $25,735.00 in student loans.
Interesting isn't it? They tried to go after a private loan that I clearly didn't need, they reported false information to the IRS, and now I am stuck with the bill.
Great company!
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