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ACS Education Complaints & Reviews - Fradulent Banking Practices

ACS Education Contacts & Informations

ACS Education

Posted:    tahoenpa

Fradulent Banking Practices

Complaint Rating:  100 % with 6 votes
Contact information:
ACS Education Services
United States
For the second time this institution has repeatedly made attempts to withdraw money from my bank account with authorization. I made a payment on my student loan online. ACS then repeatedly attempted to withdraw money from the account three weeks in a row, causing overdraft fees. This is the second time this institution accessed my bank account without my permission on multiple weeks in a row.

At this point I am afraid to even attempt to pay the loan by check. What a supervisor told me this morning is that they will only collect on a check once, however, they will utilize an ATM card for multiple collections. No where, and I have printed out all of the documentation from their website this morning, no where do they say they will make repeated withdraws from your bank account when you are submitting a one time monthly payment.

I am turning them into anyone I can. I do not see any difference between someone stealing my ATM card and accessing my account and ACS accessing my account on multiple occasions without authorization.
Comments United States Loans
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 21st of Sep, 2010 by   B Haug 0 Votes
ACS (College Loan Corp.) are thieves, They fall under the same catagory as Apollo Group and University of Phoenix. I was told that grants would cover my ENTIRE education. Upon receiving notification from ACS stating I had student loans, I immediately withdrew from UOP. I should have never been approved for any student loans nor did I authorize (via e-signature) for these loans.

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