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  • Report:  #385242

Complaint Review: OSI Collections

OSI Collections Took my $450 Des Plains Illinois

  • Reported By:
    Grants Pass Oregon
  • Submitted:
    Mon, October 27, 2008
  • Updated:
    Mon, October 27, 2008
  • OSI Collections
    555 Santa Rosa Dr
    Des Plains, Illinois
    U.S.A.
  • Phone:
  • Category:

I had a student loan in collections, for a little over $1,200. OSI contacted me and said if I get on their 9 month program (paying $50 a month), the loan will go back to the original creditor to repay the rest of the balance. And would be removed from my credit report.

Well, I did the 9 month program. Waiting to get a letter from the original creditor (WFS), I received a letter from another collection agency, ACS, wanting the balance in full!

I did look at the statement ACS mailed me, and low and behold, the $450 did not lower my overall balance! In fact, I just gave OSI $450 of my hard earned money!!

Craigr
Grants Pass, Oregon
U.S.A.

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