Many people have slammed Educational Funding Company on this website. We own a martial art school and use this company. I have NEVER had a problem reaching an operator when I dial their main number.in addition, if you look on their website, you can see everyone's extensions. We have intervened in many of our member's cases and WE (the martial art school) have the final say over how a case is handled; not EFC. So if you want to slam someone, it should be the martial art school you signed up with.
Martial art schools are not the only ones to use agreements for tuition billing.in addition, by law according to your particular state, there are buyers rights to cancel clearly stated on the agreements.in several areas it clearly is written that the member's failure to complete training or change in their schedule does not relieve them of their duty to pay the tuition. The tuition is a lump sum that we allow members to pay over the course of 6 to 12 months in small payments. If a member moves more than 25 miles from the school (at least in CT) they are allowed to cancel the agreement. Members need to clearly read what they are signing before they sign.
Most good martial art schools will want to protect their repuation and will work something out that is mutually agreeable between them and the member in the event that someone wants to terminate an agreement. From a business perspective, we hold people to these contracts because it also teaches our young students that you finish what you start. You don't quit. You don't let a busy schedule push out healthy activity and you work on committment to yourself and your martial art instructor. You don't sign up for baseball, fully knowing you have already made a commitment to martial arts. You finish one obligation before you start another. These are important life skills.in addition, a martial art school will have only so much room in each class. We have to know who will be there and plan accordingly for staff coverage. Can you imagine a public school never knowing who may or may not be there for the month and trying to provide adequate coverage, materials and education?
The bottom line is before you enroll in a martial art school, regardless of who they use for a billing company, ask around and find out their reputation. If they have a good reputation in the community, you should not have any problems.
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