• Report: #391094
Complaint Review:

Educational Funding Company

  • Submitted: Thu, November 13, 2008
  • Updated: Thu, November 13, 2008

  • Reported By:Escondido California
Educational Funding Company
4740 Chevy Chase Dr. Chevy Chase, Maryland U.S.A.

Educational Funding Company Billing beyond contract amount Chevy Chase Maryland

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Signed one year karate contract, 12 payments of $79 first due 9/1/07, final due 8/1/08. Payment by automatic withdrawal. Notified studio in July that we were not renewing. On 9/23/08 Educational funding made an additional withdrawal past the contract completion date. Notified karate studio IIMA (International Institute of Martial Arts, San Marcos, CA) of error, studio refunded $79. We put a block on automatic withdrawal.

10/23/08 Educational funding attempted to make another withdrawal and then began sending us delinquent notices. Called Educational Funding, they claimed we had a new longer contract (which we never authorized) and threatened unspecified actions if we didn't pay. They claimed that challenging them would cost us a lot more than just paying them what they wanted. IIMA does not respond to phone calls and emails.

Escondido, California

This report was posted on Ripoff Report on 11/13/2008 08:58 PM and is a permanent record located here: http://www.ripoffreport.com/reports/educational-funding-company/chevy-chase-maryland-20815/educational-funding-company-billing-beyond-contract-amount-chevy-chase-maryland-391094. 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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