• Report: #594115

Complaint Review: Portfolio Recovery Associates, LLC

  • Submitted: Sat, April 17, 2010
  • Updated: Sat, April 17, 2010

  • Reported By: Patricia — McAlester Oklahoma U.S.A.
Portfolio Recovery Associates, LLC
120 Corporate Boulevard, Norfolk, Virginia United States of America

Portfolio Recovery Associates, LLC Midland Credit Management Fischer Education Draughon Business College (student loans) Norfolk , Virginia

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These people have called periodically since 2005, but now have intensified their efforts to calling twice a day, every day for the last 6 months and now have sent me a letter giving me a payment plan \ budget plan to repay a student loan from Draughon Business College in Lawton, OK. that closed down before I got to finish the school(I atteded 3 months). Also it has been since 1993, 17 years. Apparently there were alot of educational violations among other things and a bankruptcy in 1992-93-94-95 and it was a secondary subsidiary school through Fischer Education. I only learned alot of this online this morning after I called them to find out who they were and what that wanted being as the correspondence said EDUCATION in heading of letter. Basically all I know is that this has never shown up on my credit and I have never heard from any of these people until 2005. Letter stated that I owed balance of $2149.29 and that it would continue to accrue interest. It stated that the balance included interest...i realized that if interest was building for 17 years that the BALANCE would be GREATER.......-duh-

This report was posted on Ripoff Report on 04/17/2010 10:06 AM and is a permanent record located here: http://www.ripoffreport.com/r/Portfolio-Recovery-Associates-LLC/Norfolk-Virginia-23502/Portfolio-Recovery-Associates-LLC-Midland-Credit-Management-Fischer-Education-Draughon-Bu-594115. 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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