ED Magedson – Founder
Manhattan Beach Ventures LLC359 VanNess Way Torrence, California USA
Manhattan Beach Ventures LLC Equitable Acceptance Corp They called me saying they could consolidate my student loan that they were working with the Dept of ED to help people like myself . The Dept of ED has never heard of them and that they had received many complaints about promises that were made to people that the di not full Torrence California
I was contacted by Equitable Acceptance how is working with Manhattan Beach Venture saying that they could consolidate my student loan because according to there records I was eligable for consolidation with the Dept of Ed. They signed me up and started taking there payments from my checking account. After the first payment was made I was contacted by a representive from Equitable Acceptance that my loan could not be consolidated but because I signed a contract with them I still owed them money. I called Manhattan Beach Venture and was told that because they could not consolidate the loan they were in the process of cancelling my contract with them.
I then proceeded to call them every week to make sure that they were cancelling my contract but no one would return my phone calls. At one point a Ms Nina Childs did answer my call and told me they would expedite my cancellation. Two monthes have gone by and had heard nothing from them so I thought everthing was taken care of. I went into my local bank to apply for a personal loan and was denied because Manhattan Beach Ventures had sent my account to a collection agency for non payment.
I called them again to ask what happenend and was told that only Nina Childs could help me and they do not know when she will call me back. I called the Dept of ED to find out if they were working with any of these companies and was told that they have had quiete a few complaints about these companies ripping people off. Now as it stands I'm being told to get a lawyer which I can not afford to do. I spent years trying to clean up my credit and the student loan was the last bad thing on my credit report the bank loan was so that I could pay off the final amount of 5800.00 so I could go back to school and get a better job. I'm very upset and have no idea on what I should do or can do!!!!!
This report was posted on Ripoff Report on 02/03/2017 11:28 AM and is a permanent record located here: http://www.ripoffreport.com/reports/manhattan-beach-ventures-llc/torrence-california/manhattan-beach-ventures-llc-equitable-acceptance-corp-they-called-me-saying-they-could-1353818. 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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