My complaint against Sallie Mae is not related to the purchase of my student loans, but the collection of them.
This complaint directly relates to my other existing RIPOFF cases against FMU, but in no way relates to the same issue in the complaints.
Currently I'm in the process of suing FMU for fraud, and other damages related to fraud. I have hired 2 attorneys, and have been in the process of litigation for over 2 years now.
I have kept Sallie Mae in loop as far as my case has been going since I began litigation in 2003. I was hoping that there was some way to further delay the payment of my student loans since I have taken this matter to court. Unfortunately Sallie Mae continues to pursue immediate payment on the funds that I'm legally disputing. This has caused my credit score to plummet like a rock.
As stated in my complaints against FMU I refuse to pay for these loans. FMU used fraudulent business practices when recruiting me out of high school, which is directly responsible for my current loans. I would have never attended classes at FMU if I had known the truth that I could not transfer my credits anywhere but to another FMU campus.
FMU is not even a real college per say, they are not legitimately accredited with the universities they claim to be equal too, or claim that thier credits transfer too.
I'm the victim of fraud here and refuse to continue to get ripped off by paying these loans back.
I urge all out there to not take student loans through Sallie Mae, if something wrong happens they will show no mercy in destroying your life and credit score. Plus you can not claim bankruptcy anymore, and student loans are immune from bankruptcy anyway.
Do not use them, take out a payment system with the University if at all possible.