I attended Westwood College Online 2004/2005, not realizing I had been scammed. After completing one year, and seeing Sallie Mae presenting me with a bill for $20,000 + ... that's when the sickening reality began to sink in, "I've been scammed."
Showing posts with label federal government. Show all posts
Showing posts with label federal government. Show all posts
Sallie Mae to Go on the Chopping Block? - NYTimes.comdealbook.nytimes.com/.../sallie-mae-to-go-on-the-chopping-block/Jul 28, 2010 – At the time, Mr. Obama portrayed the overhaul of the student loan program as a triumph over an “army of lobbyists,” singling out Sallie Mae, ...
At one point during his conversation he claims there were _only 2 over the phone transactions_ back in 2007. He was trying to wiggle out of blame for the abuse of trust in banking, they did in October 2008. My bank documents to the contrary of his claims. Realizing at some point, he was a blatant liar incapable of disputing bank records at BBandT, he changed his story, saying that the transaction in question (yes, he changed his story and _agreed something_ took place in October 2008). Despite changing his story, it was on his computer screen, all along, and he was lying about it.
Over the Phone Conversation Part One
Over the Phone Conversation Part Two
http://youtube.com/watch?v=ch82L9fUty8 (7:24 / 9:01) '... He's going to pull up my history (8:02 / 9:01) '... There's only 2 payments and that was in 2007...over the phone ma'am" Listen carefully to his smug and cocky tone as he attempts to deny the over the phone transaction in October 2008, then diverts to the "I don't give you permission to record." He was lying and he knew it. Of course he didn't want his lying recorded. (8:42 / 9:01) '...when did you make a payment over the phone?' (as if he didn't have the information on his screen?)
http://youtube.com/watch?v=O-NfHcCQ_J8 (0:26 / 5:14) '...when did you make a payment over the phone that we took 2.5x the amount?' (0:42 / 5:14) '...you did an auto-debit it takes it automatically out of your monthly payment.' (0:50 / 5:14) '...you did an auto-debit October 2008...'
Initially, I didn't catch his trying to blame me for an "auto debit". He is lying. I'll let the records at BBandT speak for themselves. http://artscape.us/sallie_mae/bbt_statement_nov_2008.jpg 10/27 SLMA DEBIT SALLIE MAE XXXXXXXD01F $313.33 Does that look remotely as if me, myself made an "auto debit"? Or rather, that Sallie Mae made that debit? It was no "auto-debit". Which explains why BBandT issued a reversal of the charge: http://artscape.us/sallie_mae/bbt_statement_dec_2008.jpg Two lies don't fix the story. There was only an over the phone transaction Sallie Mae processed, and the bank statement verifies the charge came from Sallie Mae.
In fact, take a look at the way BBandT records debits from Sallie Mae vs. online checks aka "auto debits" http://artscape.us/sallie_mae/sallie_mae_activity.jpg 03/16/2009 Debit Online Pmt Sallie Mae CKF927529477POS $40
After this act of charging 2.5x the amount, BBandT told me to not give my bank account information to Sallie Mae anymore. My bank said legitimate institutions in banking do not do what Sallie Mae has done. I think... BBandT is on to something. ---------- I got the woman who answered the phone _to admit_ that a forebearance "hardship form" is something that has income on it, and to be signed. Instead of such a form, they sent just another junk flyer for harrassment. See http://www.artscape.us/sallie_mae/envelope.jpg http://www.artscape.us/sallie_mae/enclosure.jpg (both of which are dated incidentally) Do either of those documents look like a "hardship form" to be signed or with income on it? No, they do not. Running me around in circles and avoid sending the forbearance forms they promised back in October 2008. See: 60 Minutes CBS / Default Loans = Big Profits.
Sallie Mae has repeatedly refused to send or discuss forbearance information since October 2008 (the supervisor on floor admit during conversation forbearance can be taken care of over the phone, so I'm asking WHY WASN'T IT... back in October 2008 when they promised to send them to me., March 2009 I began contacting them again -- meeting with the same refusal to send forms....
Here's where they confirmed (after emailing telling me to log in to my account) they'd locked me out from accessing my account online. They run people around in circles for months, refusing to send federal forms like federal law requires them to do, causing them to default their loans which Sallie Mae sells off to collection agencies for big profits. (Search Google for: 60 Minutes CBS + Sallie Mae Loan Fraud)
COMPLAINT #1 (Office of Inspector General / Department of Education) "Anyone suspecting fraud, waste or abuse involving Department of Education funds or programs should call or write the Inspector General's Hotline.. OIG Fraud Hotline" ~ http://ed.gov/about/offices/list/oig/hotline.html?src=ct
Sallie Mae was the _only_ financial lender involved in the diploma mill fraud... and now ask Congress for a bail out??
GO TO GOOGLE AND RESEARCH THESE 2 THINGS: 1. Westwood Diploma Mill Scam 2. 60 Minutes Sallie Mae Fraud
Students say college misled them Tuesday, February 22, 2005, By BYRON HARRIS / WFAA-TV "The sales pitch said Westwood is accredited; students said that led them to believe the school has the same academic status as well-known colleges and universities. But the sales pitch doesn't mention the fine print on the back of the contract, which said "Westwood College of Technology makes no guarantee of credit transfer." In fact, these students found that when they presented their Westwood transcripts to other schools, the reaction was anything but positive."You can just keep this ... because we don't recognize this institution as a school," Moers recalled one school's representative as saying. Westwood is headquartered in Denver, and claims it's been around for more than 50 years. However, Colorado state incorporation records indicate the current owner began business in 1986. ...talk with News 8 about complaints against the school, but when a crew got there for our scheduled interview, two representatives from the home office met them outside. "We just received notice that we're going to be preparing for some litigation," one of those representatives said, refusing to allow the News 8 crew to go inside. 67 former students have just sued Westwood College and its parent corporation for deceptive trade practices and breach of contract. "It's blatant fraud," Johnson said. "The school sold them a bill of goods; not only do they have more debt, but they spent a lot of time wasted and they have a degree that they cannot use."Westwood officials said the school does not gurarantee employment. They also said the college is accredited, and said the school is eager for a face-to-face interview - which has not yet happened." "Westwood is expensive, from $27,000 to $34,000 for about a year and a half of classes. That's as much as a year's tuition at Harvard, or four years at UT-Austin. Brazell said. "We were trained to make them 'feel their pain.'" And pain is what Katrina Vargas, a single mom, felt after completing her degree at Westwood. "Now I'm a single mother, still, and I'm in so much debt," Vargas said. "I have marks on my credit, I can't pay for my daughter's needs ... my mom has to help me." "I got people in financial jeopardy rather than getting into a career," Brazell said. "They made bets with me on how many students I would enroll." Students say college misled them, WFAA News, Byron Harris ~ http://wfaa.com/s/dws/wfaa/bharris/stories/wfaa050221_am_westwood.cf8856f9.html
The Have Nots and The Haves...
"While former students are being extorted by Sallie Mae into indentured servitude for the rest of their lives, and even paltry Social Security checks are being seized by Sallie Mae's collection agencies, Albert Lord, CEO of SALLIE MAE, is bidding on purchasing sports teams, building his own private golf course, and awarding himself and his number two man literally hundreds of millions of dollars in salary and stock bonuses..." ~ http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x1125791
Sallie Mae did not bother to notify students they were being charged a whopping 20,000+ for one year, through federal student loans program (FAFSA). $20,000 + for just one year toward a worthless certificate that is not even accepted by legitimate Colleges/University.
Sallie Mae doesn't care about law... after numerous requests for forbearance forms, Sallie Mae has refused to send them. They promised back in November 2008... but failed to do so, when I made attempts to work out something to pay them. THEY REFUSE TO DISCUSS FORBEARANCE FORMS WHICH IS ILLEGAL. Instead, I have the emails where they simply sent more harrassment. In November 2008 (knowing they'd already conned me out of $20,000 through student loans) I gave them my bank routing and account number, and they proceeded to debit 2.5x the amount. I filed complaint with my bank, and they advised to open a new bank account. They said legitimate financial institutions do not do what Sallie Mae did -- breach of contract, withdrawing 2 and a half times the agreed amount.
Sallie Mae-Westwood Diploma Mill Federal Student Loan Fraud #1
Sallie Mae-Westwood Diploma Mill Federal Student Loan Fraud #2
Tags: scam, federal government, westwood online, fraud and waste federal, department of education, department of treasury, FDIC, inspector general, leslie stahl, sixty minutes, 60 minutes, CBS Sallie Mae, WFAA Television, Denver, Colorado, Texas, education, student loans, college university, diploma mill
Sallie Mae Financial's Barracuda-style Harrassment Tactics
