- Report: #60201
Report - Rebuttal - Arbitrate
Complaint Review: MCJ Solutions, Inc., Sally Mae Financial
MCJ Solutions, Inc., Sally Mae Financial5410 E 55th Hwy, Suite Abc Durham, North Carolina U.S.A.
MCJ Solutions, Inc. Sally Mae Financial ripoff, closed after taking my student loan money, victimized many consumers Durham North Carolina
*Consumer Suggestion: My Rip off resolved after 3 years
*Consumer Comment: ME TOO... I was told I would have to take the entire 160 hour internship over again
*Consumer Comment: You were ripped off.
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Sally Mae sent the school the check for the sum of the loan which at the time I thought was a great thing because I was on my way to getting the training that I needed to sustain a job in the IT world. The loan from Sally Mae was to be paid back in monthly installments, at first only $10 a month for the first year, and then $180 per month from then on out. I figured that the extra loan payment to Sally Mae was worth it since the program that MCJ Solutions was offering me only lasted 8 months. The so called school also offered a job placement program which I figured would place me in a high paying job in the IT field, and thus make the extra loan payments well worth it.
Then came the first day of school, I was exited, but to my disappointment, there was no one in the school, no lights on, and an eviction notice on the front door along with a notice saying that the school had been cancelled. After doing a litte research, I came to find out that at the time of my enrollment, MCJ Solutions did not have a business license to be operating, nor were the a school in existenc anywhere else. Which leaves me with this question, why did Sally Mae cut a check for over $15,000 to a business, person or school, that was non exiting at the time and had been so for a few months prior. Know I am stuck with a loan payment for the next 20 years and I have nothing to show for it. I have since decided to go back to a four year college and earn my degree through the aid of financial aid. Don't fall for this scam because believe it or not this company is still doing the same thing to my knowledge.
Coral Springs, Florida
This report was posted on Ripoff Report on 06/10/2003 10:22 AM and is a permanent record located here: http://www.ripoffreport.com/r/MCJ-Solutions-Inc-Sally-Mae-Financial/Durham-North-Carolina-27713/MCJ-Solutions-Inc-Sally-Mae-Financial-ripoff-closed-after-taking-my-student-loan-money-60201. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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