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MyRichUncle.com Complaint - My Rich Uncle Fails To Honor Approved Federal Loans

Review by brand on 2008-07-16
My Rich Uncle has a great marketing message, but fails to provide standard customer service, such as notifying approved loan clients that they no longer have funding for federal loans. I was lucky in that I became nervous about no returned calls and a lack of online updates and was finally able to reach someone (after 2 hrs of effort) and then learned that they would not honor the loan.

How many parents and students will find out when it is to late?
Comments:10 Replies - Latest reply on 2008-08-04
Posted by Anonymous on 2008-07-16:
My rich uncle has two Corvettes.
Posted by chris513 on 2008-07-16:
My rich uncle retired before he was 40 and lives on a golf resort in Phoenix.
Posted by Anonymous on 2008-07-16:
I don't have a rich Uncle. I did have one show up at my house a few years ago wanting to borrow money though.
Posted by Anonymous on 2008-07-16:
I've gotten snail mail from them addressed to my mother who died in 1996 and never lived at my address. In fact my home didn't even exist in 1996.
Posted by DebtorBasher on 2008-07-16:
All of my rich Uncles are in the poor house.
Posted by DebtorBasher on 2008-07-16:
Thanks for warning others before they are scammed...good luck!
Posted by Anonymous on 2008-07-16:
I used to have a rich uncle, but he lost it all in the divorce
Posted by Sir-eC on 2008-07-26:
Your comments are spot on. Not to mention the lurch they left us in.
Posted by gordis on 2008-08-04:
but what about interest rates and are they a company you can trust?
Posted by b5ster on 2008-08-04:
My gosh he did what..to whom! I just wish I could find my rich uncle...or I'll even settle for a rich aunt!

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