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Report: #623216

Complaint Review: TFC Credit Corp - San Ramon California

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  • Reported By: Angel — United States of America
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  • TFC Credit Corp 2010 Crow Canyon Place San Ramon, California United States of America

TFC Credit Corp Stephen Brietbart, Matt Joseph Unethical Business Practices San Ramon , California

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IF YOU HAVE BEEN OFFERED A STUDENT LOAN AT YOUR LEARNING INSTITUTION, FINANCED BY TFC CREDIT CORPORATION DO NOT DO BUSINESS WITH THEM! TFC CREDIT STUDENT LOANS ARE A SCAM. THEY WILL ATTEMPT TO CLAIM TO YOU THAT THEY DISBURSED ALL FUNDS TO YOUR SCHOOL UPFRONT, WHEN IN ACTUALITY THEY DID NOT. THEY ONLY DISBURSE A SMALL UPFRONT ADMINISTRATIVE FEE AND THEN A PERCENTAGE OF THE AMOUNT THAT YOU MAKE IN PAYMENT EACH MONTH. THEY WILL REPRESENT THAT YOU OWE THE ENTIRE AMOUNT OF YOUR NOTE, AND ATTEMPT TO COLLECT MONEY FOR FUNDS THEY NEVER IN FACT SENT OUT BECAUSE THAT IS NOT HOW THESE STUDENT LOANS WORK. THIS IS PREDATORY LENDING AT ITS FINEST!!!! DO NOT, I REPEAT, DO NOT FINANCE YOUR EDUCATION THROUGH THIS COMPANY. THEIR BUSINESS PRACTICES ARE UNETHICAL, PREDATORY, AND IF ANYTHING HAPPENS WITH YOUR LEARNING INSTITUTION THAT IS OUT OF YOUR CONTROL, THEY WILL STILL DEMAND MONEY FROM YOU FOR FUNDS THEY MAY NEVER HAVE SENT, AND POSSIBLY REPORT A NEGATIVE CREDIT STATUS AND DAMAGE YOUR CREDIT.

This report was posted on Ripoff Report on 07/14/2010 03:50 PM and is a permanent record located here: https://www.ripoffreport.com/reports/tfc-credit-corp/san-ramon-california-/tfc-credit-corp-stephen-brietbart-matt-joseph-unethical-business-practices-san-ramon-ca-623216. 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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