- Report: #995646
Report - Rebuttal - Arbitrate
Complaint Review: Performant Recovery
Performant RecoveryAlexander, Arkansas United States of America
Performant Recovery Demanding a hugh payment for a past due student loan. Alexander, Arkansas
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I had my daugther call this agent and she was informed that if we pay $18,000 by Tuesday (01/15/2013), they would erase the debt from our credit report. Failing being able to pay the $18,000., we could pay $11,000.00 and start making payment of $220.00 monthly with an escalting interest rate that would continue for an extended amount of time. Like we would never pay off this debt.
Now, I am about 2 years away from retirement and I am not able to come up with either amount they are requesting. If I take any money out of my retirement fund, I will only hurt myself in the future. I am concerned that they are going to garnish my pay, or take my income tax refund if I don't comply with their demands. Do I have any recourse??
This report was posted on Ripoff Report on 01/12/2013 10:14 AM and is a permanent record located here: http://www.ripoffreport.com/r/Performant-Recovery/Alexander-Arkansas-72002/Performant-Recovery-Demanding-a-hugh-payment-for-a-past-due-student-loan-Alexander-Arka-995646. 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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