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Report: #1303434

Complaint Review: Genesis Lending - Nationwide

  • Submitted:
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  • Reported By: Michelle — stockbridge Georgia USA
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  • Genesis Lending Nationwide USA

Genesis Lending aka Meta bank/GLS Corinthian Colleges lawsuit Decatur georgia

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In the spring of 2011, at the Everest College campus in Decatur, Georgia, a member of the financial aid staff is said to have earned an ominous nickname: the Grim Reaper. It alluded to the allegedly routine practice of pulling students out of class, not because they were behind on school work, but, according to a lawsuit by the Consumer Financial Protection Bureau (CFPB), because they were behind on their private student loan payments.

The federal suit, filed Tuesday against Corinthian Colleges, Everest's owner, accuses one of the largest for-profit college operators in the U.S of luring students with false career promises, deceiving students into taking on loans, and harassing borrowers to collect on the debt. The company is already selling or closing its U.S. schools under an agreement with the Department of Education, and faces a lengthy list of state and federal investigations. Now it confronts a new round of allegations over its private student lending program known as Genesis. 

I now have over $4000.00 sitting on my credit report that i can not get removed, the website no longer excist and the phone number is disconnected.

i want my money back that i have repaid so far and i want the debt removed from my credit file.

This report was posted on Ripoff Report on 05/03/2016 03:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/genesis-lending/nationwide/genesis-lending-aka-meta-bankgls-corinthian-colleges-lawsuit-decatur-georgia-1303434. 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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