Ed Fund/CSAC stated in the Federal Student Aid that I defaulted on my rehab loan. They said that I failed to make 6 consecutive payments with the effective date 1/22/2007. The truth is I made 10 payments in 9 straight months. Which was part of the agreement? If I did that then my loans would not go into default. I have 2 documents from ECMC/EDFUND that states I Have made 6 straight monthly payments. The other document is from ECMC/EDFUND also. It states that I had made 7 consecutive monthly payments. The evidence I have shown that I did make those payments. In fact I have paperwork from the ECMC/EDFUND website that shows I made 10 payments of $150.00 for 9 straight months. The first payment was on 9/1/2006, and the last payment was on 5/01/2007.On those 2 documents I mentioned earlier, the date on the letter matches up with the payments I made. When I complained to the CFPB, I attached all of the above documents to back my claim. ECMC’S response was( see Company’s Response on page number 1). I informed the CFPB that the paperwork I provided them with was from ECMC/ Edfund website. I have dozens of documents that I downloaded from ECMC/Edfund website while I was logged in as a customer. They eventually cut me off and I could no longer get info. ECMC/Edfund took my refund from the I.R.S on 4/14/2006. The total was $3,996.00. On Ed fund’s website and on ECMC website, they state that there were payment reversals. There were 6 payment refunds in which they sent me checks for 5 of them. They state that one of those checks they sent out was the $3,996.00 for my taxes. I never saw that check, nor did I cash it. The other ones I have check stubs and I cashed them. I had asked ECMC/EDFUND to please send me paperwork that shows what I owed and show how much I paid. They never sent me anything like that. Here is my complaint. I believe that I have provided The U.S Dept of Education documentation that proves specific allegations that ECMC falsified documents to make it look like I defaulted on my school loan.
I believe ECMC stated I defaulted on my school loan for 2 reasons. One reason why they defaulted me was so they could garnish my wages. By garnishing my wages they could take my tax refunds, which they did, and by claiming up to 25% of my check, that way they could receive more a month. I was giving them $150.00 a month, by garnishing my wages, they were getting $500-$600 a month. The second reason ECMC stated I defaulted on my school loan, was so ECMC could get a payment from the Federal Fund in regards to reinsurance coverage. I have paperwork from ECMC’S website showing that ECMC received 2 payments that covered 95% on both loans.. O In the comment column it states the payment was from a repurchase lender. They never were subtracted from either of my loans. That is why ECMC stated in the paperwork, that they could no longer pull up any of my files. The documents that I have provided are evidence against ECMC. ECMC states that they can’t agree or they can’t disagree with the paperwork that was presented to them. In fact ECMC took over the loan from Edfund. Edfund gets out of the school lender business, and starts a business on how they can help you get federal funds from the reinsurance program. I am enclosing documents from ECMC/EDFUND that show how much they charge to collect fees. There would be no way I could ever pay off the loan. I am also sending paperwork that shows how ECMC can go into the NSLDS system and change anything they want too. Dept of Education lets them access certain data. But nobody is monitoring what information ECMC can put in your federal aid files. So ECMC can say I defaulted on not making 9 straight monthly payments in a row. Which they did. My evidence states that I made 10 straight monthly payments in 9 months, yet ECMC said I only made 6 payments. I have all the documents that show without a doubt, that my statements that I just spoke of is the truth. In a letter from Edfund, they state that because I was going thru a bankruptcy in late 2008 and all of 2009, that they stopped garnishing my wages due to the the bankruptcy. Not once did they ever tell me that I didn’t have to make payments during that time. They garnished my wages until my bankruptcy was done in 2010. I too have all the paperwork that shows the payments I was making to them. They are trying to make it look like they are following protocol, when in fact they are purposely neglecting to do their job. ECMC/EDFUND HAS NEVER SENT ME PAPERWORK SHOWING HOW MUCH I HAVE PAID AND WHAT IS LEFT. My original loan was $5000. I have reciepts totall over $20000.00

Ed Fund/CSAC stated in the Federal Student Aid that I defaulted on my rehab loan. They said that I failed to make 6 consecutive payments with the effective date 1/22/2007. The truth is I made 10 payments in 9 straight months. Which was part of the agreement? If I did that then my loans would not go into default. I have 2 documents from ECMC/EDFUND that states I Have made 6 straight monthly payments. The other document is from ECMC/EDFUND also. It states that I had made 7 consecutive monthly payments. The evidence I have shown that I did make those payments. In fact I have paperwork from the ECMC/EDFUND website that shows I made 10 payments of $150.00 for 9 straight months. The first payment was on 9/1/2006, and the last payment was on 5/01/2007.On those 2 documents I mentioned earlier, the date on the letter matches up with the payments I made. When I complained to the CFPB, I attached all of the above documents to back my claim. ECMC’S response was( see Company’s Response on page number 1). I informed the CFPB that the paperwork I provided them with was from ECMC/ Edfund website. I have dozens of documents that I downloaded from ECMC/Edfund website while I was logged in as a customer. They eventually cut me off and I could no longer get info. ECMC/Edfund took my refund from the I.R.S on 4/14/2006. The total was $3,996.00. On Ed fund’s website and on ECMC website, they state that there were payment reversals. There were 6 payment refunds in which they sent me checks for 5 of them. They state that one of those checks they sent out was the $3,996.00 for my taxes. I never saw that check, nor did I cash it. The other ones I have check stubs and I cashed them. I had asked ECMC/EDFUND to please send me paperwork that shows what I owed and show how much I paid. They never sent me anything like that. Here is my complaint. I believe that I have provided The U.S Dept of Education documentation that proves specific allegations that ECMC falsified documents to make it look like I defaulted on my school loan.
I believe ECMC stated I defaulted on my school loan for 2 reasons. One reason why they defaulted me was so they could garnish my wages. By garnishing my wages they could take my tax refunds, which they did, and by claiming up to 25% of my check, that way they could receive more a month. I was giving them $150.00 a month, by garnishing my wages, they were getting $500-$600 a month. The second reason ECMC stated I defaulted on my school loan, was so ECMC could get a payment from the Federal Fund in regards to reinsurance coverage. I have paperwork from ECMC’S website showing that ECMC received 2 payments that covered 95% on both loans.. O In the comment column it states the payment was from a repurchase lender. They never were subtracted from either of my loans. That is why ECMC stated in the paperwork, that they could no longer pull up any of my files. The documents that I have provided are evidence against ECMC. ECMC states that they can’t agree or they can’t disagree with the paperwork that was presented to them. In fact ECMC took over the loan from Edfund. Edfund gets out of the school lender business, and starts a business on how they can help you get federal funds from the reinsurance program. I am enclosing documents from ECMC/EDFUND that show how much they charge to collect fees. There would be no way I could ever pay off the loan. I am also sending paperwork that shows how ECMC can go into the NSLDS system and change anything they want too. Dept of Education lets them access certain data. But nobody is monitoring what information ECMC can put in your federal aid files. So ECMC can say I defaulted on not making 9 straight monthly payments in a row. Which they did. My evidence states that I made 10 straight monthly payments in 9 months, yet ECMC said I only made 6 payments. I have all the documents that show without a doubt, that my statements that I just spoke of is the truth. In a letter from Edfund, they state that because I was going thru a bankruptcy in late 2008 and all of 2009, that they stopped garnishing my wages due to the the bankruptcy. Not once did they ever tell me that I didn’t have to make payments during that time. They garnished my wages until my bankruptcy was done in 2010. I too have all the paperwork that shows the payments I was making to them. They are trying to make it look like they are following protocol, when in fact they are purposely neglecting to do their job.

Thanks ken mccauley
[email protected]

Ed Fund/CSAC stated in the Federal Student Aid that I defaulted on my rehab loan. They said that I failed to make 6 consecutive payments with the effective date 1/22/2007. The truth is I made 10 payments in 9 straight months. Which was part of the agreement? If I did that then my loans would not go into default. I have 2 documents from ECMC/EDFUND that states I Have made 6 straight monthly payments. The other document is from ECMC/EDFUND also. It states that I had made 7 consecutive monthly payments. The evidence I have shown that I did make those payments. In fact I have paperwork from the ECMC/EDFUND website that shows I made 10 payments of $150.00 for 9 straight months. The first payment was on 9/1/2006, and the last payment was on 5/01/2007.On those 2 documents I mentioned earlier, the date on the letter matches up with the payments I made. When I complained to the CFPB, I attached all of the above documents to back my claim. ECMC’S response was( see Company’s Response on page number 1). I informed the CFPB that the paperwork I provided them with was from ECMC/ Edfund website. I have dozens of documents that I downloaded from ECMC/Edfund website while I was logged in as a customer. They eventually cut me off and I could no longer get info. ECMC/Edfund took my refund from the I.R.S on 4/14/2006. The total was $3,996.00. On Ed fund’s website and on ECMC website, they state that there were payment reversals. There were 6 payment refunds in which they sent me checks for 5 of them. They state that one of those checks they sent out was the $3,996.00 for my taxes. I never saw that check, nor did I cash it. The other ones I have check stubs and I cashed them. I had asked ECMC/EDFUND to please send me paperwork that shows what I owed and show how much I paid. They never sent me anything like that. Here is my complaint. I believe that I have provided The U.S Dept of Education documentation that proves specific allegations that ECMC falsified documents to make it look like I defaulted on my school loan.
I believe ECMC stated I defaulted on my school loan for 2 reasons. One reason why they defaulted me was so they could garnish my wages. By garnishing my wages they could take my tax refunds, which they did, and by claiming up to 25% of my check, that way they could receive more a month. I was giving them $150.00 a month, by garnishing my wages, they were getting $500-$600 a month. The second reason ECMC stated I defaulted on my school loan, was so ECMC could get a payment from the Federal Fund in regards to reinsurance coverage. I have paperwork from ECMC’S website showing that ECMC received 2 payments that covered 95% on both loans.. O In the comment column it states the payment was from a repurchase lender. They never were subtracted from either of my loans. That is why ECMC stated in the paperwork, that they could no longer pull up any of my files. The documents that I have provided are evidence against ECMC. ECMC states that they can’t agree or they can’t disagree with the paperwork that was presented to them. In fact ECMC took over the loan from Edfund. Edfund gets out of the school lender business, and starts a business on how they can help you get federal funds from the reinsurance program. I am enclosing documents from ECMC/EDFUND that show how much they charge to collect fees. There would be no way I could ever pay off the loan. I am also sending paperwork that shows how ECMC can go into the NSLDS system and change anything they want too. Dept of Education lets them access certain data. But nobody is monitoring what information ECMC can put in your federal aid files. So ECMC can say I defaulted on not making 9 straight monthly payments in a row. Which they did. My evidence states that I made 10 straight monthly payments in 9 months, yet ECMC said I only made 6 payments. I have all the documents that show without a doubt, that my statements that I just spoke of is the truth. In a letter from Edfund, they state that because I was going thru a bankruptcy in late 2008 and all of 2009, that they stopped garnishing my wages due to the the bankruptcy. Not once did they ever tell me that I didn’t have to make payments during that time. They garnished my wages until my bankruptcy was done in 2010. I too have all the paperwork that shows the payments I was making to them. They are trying to make it look like they are following protocol, when in fact they are purposely neglecting to do their job.

Thanks ken mccauley
[email protected]