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  • Report:  #1127001

Complaint Review: Educational Credit Management Corporation

Educational Credit Management Corporation ECMC Unfair, Deceptive Business Practices St. Paul Minnesota

  • Reported By:
    SCM — Raleigh North Carolina
  • Submitted:
    Thu, February 27, 2014
  • Updated:
    Sat, March 15, 2014
  • Educational Credit Management Corporation
    Lockbox 8639, PO Box 16478
    St. Paul, Minnesota
    USA
  • Phone:
    866-845-6422
  • Category:
    Miscellaneous Companies

While under bankruptcy, ECMC collected fines and an interest rate of 30%. Instead of these monies going towards the principal of the loan. They continue to do so this day. I was discharged in January, 2014. Ongoing payments are still not going towards the principal.

 According to the Discharge from Bankruptcy, 0.00 went towards interest. Why are they allowed to continue to do this?

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