ACS/Wachovia Complaint - Student Loan Acquisition

Review by PhilipInWashington on 2010-06-27
PITTBURGH, PENNSYLVANIA -- ACS acquired my student loan from Wachovia (who also got bail out funds using my loan on their books). The amount is a little over $14K. Since I started paying on the loans years ago, my 68-dollar fee has been automatically withdrawn from my banking account monthly and sent to Wachovia. NOW, ACS says they acquired the loan. They, somehow added $100 to the amount and sucked away the first payment without my permission. Now they want me to resign an agreement. I will join a class action suit against ACS. I do not have any contracts with them and did not give them permission to double my payment. I am fighting this one.

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