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SkyeEldrich

FUCK AMERITECH.

So, I suppose I should explain the title.

Like most Americans, I had to take out extensive loans to pay for college.  As such, we worked with a company called Ameritech Financial to begin paying for them.  They worked out a payment plan, and for a year, I paid around 245 dollars a month, which then dropped to 99 dollars a month.  Considering I barely make above minimum wage, this is a SUBSTANTIAL part of my paycheck.  I paid diligently for years now.

Cut to yesterday, when the FUCKING FEDERAL GOVERNMENT sends us a letter saying that Ameritech Financial has been defrauding us the entire time (Their words, not mine!) and the Federal Trade Commission is suing the shit out of them.  Turns out I haven't been paying for my student loans.  They've been taking my money under the pretense of paying for my loans, and instead providing "educational resources for paying back your loan..."

...That the government provides for FREE.

I have lost several THOUSAND dollars, and I haven't paid a single dime on my student loans.  So not only am I out significant amounts of money... but I'm still around 50,000 dollars in debt.

Fuck. My. Life.  And fuck every single person who works for Ameritech Financial, from the CEO down to the fucking janitor.  You all are rat bastards.

We're seeking legal representation and looking for options, but this is bad on so many levels that I have lost count.  I've barely been able to think from the sheer state of panic I've been in.  My only hopes are that A: Ameritech refunds every goddamn dime I've ever paid them, B: The FTC pays me back, C: The FTC forgives my debt for at least the amount I've paid to Ameritech, or D: we can sue the shit out of this company and get back my money and MORE for damages.

Seriously.  Fuck these people.  Fuck them in the SOUL.  And if you use Ameritech, please, seek legal representation!
Viewed: 92 times
Added: 5 years, 9 months ago
 
LoneWolf23k
5 years, 9 months ago
Sorry to hear.  Hope you get something.
MaximilianUltimata
5 years, 9 months ago
I would aim to have your entire debt forgiven. The punishment has to be far greater than the gains they got from the fraud to ensure they don't attempt to do it again, because they will.

Student loan companies are some of the most corrupt companies in the world, made all the worse because they lobbied to be as unregulated as possible. Mine went through over a dozen lawsuits since I was forcefully signed up with them over a decade ago, and back then, they went by a different name before they were sued to death for defrauding the federal government and US military. Not only did they not learn their goddamn lesson, but they are committing even more fraud than previously.
SkyeEldrich
5 years, 9 months ago
We're trying.  Right now, I'm too busy freaking out to be making much coherent sense, but my dad is on it... As will be my lawyer aunt.
Snowfirechakat
5 years, 9 months ago
holy shit that's crazy
PrinceLeon
5 years, 9 months ago
wow so sorry to hear this I hope you get every dime and penny of your money back
KevinSnowpaw
5 years, 9 months ago
can you say class action law suit? =p

seriously these loan assistance companies pul this horse shit all the time and when they DO actually function correctly they pay off your interest  twords them first not the federal loan...I hate them student loans are EXCESSIVELY predatory.


my mother is FUCKED becouse of this shit.
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