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Report: #245644

Complaint Review: OSI COLLECTION SERVICES - BROOKFIELD Wisconsin

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  • Reported By: peoria Arizona
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  • OSI COLLECTION SERVICES 200S. EXECUTIVE DR. BROOKFIELD, Wisconsin U.S.A.

OSI COLLECTION SERVICES RUDE, HARRASSING, THREATENING COMPANY FOR COLLECTION ON STUDENT LOANS RIPOFF BROOKFIELD Wisconsin

*Consumer Comment: They tell you they are a Federal Agency

*Consumer Comment: Why is this in the "Government Corruption" category?

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This company has really pissed me off.I was in the process of making arrangments to start paying the loans off when some jerk-off named jeremy started calling me and threatening me."you better talk to me before you file your taxes or else".have your laywer call me.

even after I explained I have had some serious health issues(i fought a small but scary battle with cancer)and i have not been able to work he said "well,you need to find some kind of employment so we can get this taken care of".what an a*s!!

to top it all off I just got a letter in the mail saying that edfund hired an outside vendor to collect my debt"osi"and they have gotten word that all of my information have possibly been leaked.they further go on to say"ed fund will pay the cost of a one year membership in credit managing agency.you may wish to review the consumer materials published by the ftc."

are they trying to say something??they screwed up royally?for those of you that watch carlos mencia here's one for you.this company deserves a big"DEE-DEE-DEE".THIS OSI CRAP COMPANY SHOULD BE PUT OUT OF BUSINESS AND WITH THEIR GIANT SCREW UP,WE SHOULDN'T HAVE TO REPAY THESE LOANS.

Christine
peoria, Arizona
U.S.A.

This report was posted on Ripoff Report on 04/25/2007 03:48 PM and is a permanent record located here: https://www.ripoffreport.com/reports/osi-collection-services/brookfield-wisconsin-53005/osi-collection-services-rude-harrassing-threatening-company-for-collection-on-student-lo-245644. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
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#2 Consumer Comment

They tell you they are a Federal Agency

AUTHOR: Pam - (U.S.A.)

POSTED: Friday, October 03, 2008

I too have delt with EdFund. When they call or send you any info, they tell you that they are a Federal agency. If you check they are with California Student Aide Society. EdFund purchases student loans from lenders, that are about to go into default and offer you a chance to make payments.

The only problem that I see, is they charge $50 for every payment you make, as a "collection fee." So, if you send $100 per month toward your loan, 50 goes to them, then a certain percentage goes to interest, and whatever is left over goes toward the loan balance.

My Student loans totalled 3100 and after three payments, I owed 3700. I was confused, and they turned it over to another collection agency, whom I made arrangements with and low and behold, every dime went to the student loan, and the balance went done.

Unfortunately, that was only for 9 months and it was to go back to EdFund. To date I am waiting for something from them so that I can finish paying off the balance of 2100.

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#1 Consumer Comment

Why is this in the "Government Corruption" category?

AUTHOR: Steve - (U.S.A.)

POSTED: Wednesday, April 25, 2007

This is a collection agency that has absolutely NOTHING to do with the government. Even if they are collecting on a school loan, they are still third party debt collectors, NOT any government agency.

Please explain.

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