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  • Report:  #76771

Complaint Review: College Funding Center

College Funding Center ripoff Plano Texas

  • Reported By:
    Pulaski Tennessee
  • Submitted:
    Sun, January 11, 2004
  • Updated:
    Tue, January 13, 2004
  • College Funding Center
    2828 West Parker Road
    Plano, Texas
    U.S.A.
  • Phone:
    800-299-9856
  • Category:

In June 2002, we attended a seminar at the Comfort Inn, hosted by the College Funding Center. We signed a contract with them in which they guaranteed 100% college funding for our daughter. We paid them $120.00 that day,(June 2002) and set up the remainder on an automatic withdrawal from our checking account. The drafts started coming out of our account in July 2002 at $110.81, and continued to come out until July 2003. This was a total of $1440.00.

In January 2003, we received a postcard in the mail informing us, with deep regret and sadness, we must inform you that College Funding Center (and it's parent company, The College Advantage, Inc.) has been forced out of business after nineteen years.......This letter terminates all College Funding Center communications - both from and to the company. Did they actually think people that had been out this much money would just drop it, and not try to contact them or "someone" to help?

Just now, in other testimonials regarding this company, I find out they were "forced out of business", and assets frozen since May 2002. If this is true, why did the drafts continue to come out of my checking account until July 2003.

If anyone has any information on what we can do to be reimbursed our money, please let us know.

Rebecca
Pulaski, Tennessee
U.S.A.

4 Updates & Rebuttals


Brenda

Oxford,
Connecticut,
U.S.A.

Contact the Texas Attorney General

#5Consumer Comment

Mon, January 12, 2004

Hi. I was ripped off by the College Funding Center. After research, I found that you have to file a formal compliant with the Texas Attorney General (do an internet search or contact your state's Attorney General for their phone and address) and provide copies of all related material. You also need to contact the Federal Trade Commission (FTC) and file a formal compliant with them because there is a case against the College Funding Center. It is imperative that you file formal complaints so that the state and federal government will take action. Do not sit back and hope someone else does it, you must take action. None of this material was available to me back in May, 2003, when I signed a contract with the College Funding Center for my 14 year old son. I am especially upset because I told Joe Mulcahy of the College Funding Center how much I needed their help because I was a single mother. I cannot believe they would still rip me off after my telling them of my hardships and how desperately I needed the service. Please file the reports to help all of us who were ripped of. It seems that the College Funding Center stole from people all around the country ranging from Texas to Tennessee, from Ohio to Connecticut. Please file the complaints. Thank you.


Brenda

Oxford,
Connecticut,
U.S.A.

Contact the Texas Attorney General

#5Consumer Comment

Mon, January 12, 2004

Hi. I was ripped off by the College Funding Center. After research, I found that you have to file a formal compliant with the Texas Attorney General (do an internet search or contact your state's Attorney General for their phone and address) and provide copies of all related material. You also need to contact the Federal Trade Commission (FTC) and file a formal compliant with them because there is a case against the College Funding Center. It is imperative that you file formal complaints so that the state and federal government will take action. Do not sit back and hope someone else does it, you must take action. None of this material was available to me back in May, 2003, when I signed a contract with the College Funding Center for my 14 year old son. I am especially upset because I told Joe Mulcahy of the College Funding Center how much I needed their help because I was a single mother. I cannot believe they would still rip me off after my telling them of my hardships and how desperately I needed the service. Please file the reports to help all of us who were ripped of. It seems that the College Funding Center stole from people all around the country ranging from Texas to Tennessee, from Ohio to Connecticut. Please file the complaints. Thank you.


Brenda

Oxford,
Connecticut,
U.S.A.

Contact the Texas Attorney General

#5Consumer Comment

Mon, January 12, 2004

Hi. I was ripped off by the College Funding Center. After research, I found that you have to file a formal compliant with the Texas Attorney General (do an internet search or contact your state's Attorney General for their phone and address) and provide copies of all related material. You also need to contact the Federal Trade Commission (FTC) and file a formal compliant with them because there is a case against the College Funding Center. It is imperative that you file formal complaints so that the state and federal government will take action. Do not sit back and hope someone else does it, you must take action. None of this material was available to me back in May, 2003, when I signed a contract with the College Funding Center for my 14 year old son. I am especially upset because I told Joe Mulcahy of the College Funding Center how much I needed their help because I was a single mother. I cannot believe they would still rip me off after my telling them of my hardships and how desperately I needed the service. Please file the reports to help all of us who were ripped of. It seems that the College Funding Center stole from people all around the country ranging from Texas to Tennessee, from Ohio to Connecticut. Please file the complaints. Thank you.


Brenda

Oxford,
Connecticut,
U.S.A.

Contact the Texas Attorney General

#5Consumer Comment

Mon, January 12, 2004

Hi. I was ripped off by the College Funding Center. After research, I found that you have to file a formal compliant with the Texas Attorney General (do an internet search or contact your state's Attorney General for their phone and address) and provide copies of all related material. You also need to contact the Federal Trade Commission (FTC) and file a formal compliant with them because there is a case against the College Funding Center. It is imperative that you file formal complaints so that the state and federal government will take action. Do not sit back and hope someone else does it, you must take action. None of this material was available to me back in May, 2003, when I signed a contract with the College Funding Center for my 14 year old son. I am especially upset because I told Joe Mulcahy of the College Funding Center how much I needed their help because I was a single mother. I cannot believe they would still rip me off after my telling them of my hardships and how desperately I needed the service. Please file the reports to help all of us who were ripped of. It seems that the College Funding Center stole from people all around the country ranging from Texas to Tennessee, from Ohio to Connecticut. Please file the complaints. Thank you.

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