On 5/12/16 an individual contacted myself stating he worked for student loan relief/Obama forgiveness program. Representative stated he worked with FedLoan and that I was eligible for loan forgiveness.
The individual knew the amount of federal loans I had at the time. He proceeded to tell me to electronically sign forms on my email, which included some sort of contract from manhattan beach venture LLC stating that they will start taking $39 dollars amount out of my account per month for 48 months until the amount of $1,314 is paid off plus 17.99% interest rate.
He then stated my loans would be forgiven from there. He then requested a signature for equitable acceptance whom would be collecting the money monthly. Soon did I find out that this was a complete scam. The company does not in fact assist in loan forgiveness nor do they work for FedLoans. I am stuck paying the monthly payment because I do not want my credit score to be affected by this fraudulent company. I have made numerous complaints. I am trying to shut this company down and get my money back. I do not want someone else to be scammed by this company.
Consumer Action Taken:
Contacting them- nobody ever answers the phone.
Date This Problem Happened: May 12, 2016
State You Live in: Rhode Island
Age Range: 21-35
Total Amount of Fee Paid:
Company Name: Manhattan Beach Ventures
Company Telephone Number:
Website of Company:
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