Consumer complaint received 2023-10-11
Company: EdFinancial Services
State: DE
Product: Student loan
Sub-product: Private student loan
Issue: Issue where my lender is my school
Sub-issue: Issues with fees connected to the loan

Complaint:
The reason why I'm reporting this information is because, EDFINANCIAL, has revoked my rights and has discriminated against me. I have sent these letters to the address, below, in XX/XX/XXXX. I Sent it by Registered Mail, and I checked and it was received. I have included per the law a Promissory Note, and I have also included a 1099-Cancelation of Debt, that remains on my credit report! 

I have submitted so many laws, but EDFINANCIAL, are still ignoring them ... by not DISCHARGING this account with the 1099-Cancelation, that was sent in. Not only have my Rights been revoked, but I they are FRAUDING the government! I have also requested that they do the right thing, but instead EDFINANCIAL are ripping off people, and breaking the LAW. EDFINANCIAL, works in commerce, which is banking! So there is no way, that they are not accepting my request to DISCHARGE THIS LOAN! 

In addition, I have also spoke with State Representatives and was told, I have a right to submit, my documentation. and as EDFINANCIAL would have to Discharge it, because it's over {$600.00}, according to the 1099, process.

Clearly the law, has been broken and the attorney genral REGISTERED MAIL XXXX XXXX XXXXXXXX XXXX XXXX ACCOUNT # XXXX Negotiable Instruments, Act 1881/Securities Act 2 ( 1 ) 3 ( a ) ( 3 ) | Title 31 U.S.C.A. 463 and Public Law 97-258 ( XX/XX/XXXX ) In accordance with 31 U.S.C 5103 and USC 8 , such Promissory Note Instructions are NATIONAL BANK CURRENCY AND THEREBY COIN OR CURRENCY OF THE United States , by Rule of Law, U.S. Supreme Court , and Private BAR Association Statutory Bylaws Legal Definition . The Little promissory note is THE EQUIVALLENT OF MONEY as per 12 USC 1813 ( L ) and must be accepted by all banks and financial institutions as payoff, set off, discharge, and deposits. 

PROMISSORY NOTE Notice to Agent is Notice to Principal and Notice to Principal is Notice to Agent. 

XXXX XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX, DE XXXX XX/XX/XXXX XXXX XXXX Edfinancial Services, XXXX XXXX XXXX XXXX XXXX, TN XXXX Dear XXXX XXXX XXXX Subject : Promissory Note for Transfer of Securities and Request for Documentation I, XXXX XXXX XXXX XXXX undersigned, hereby state that this promissory note shall serve as notice to agent and principal, and any notice provided to either party shall be deemed as notice to the other party as well. This communication is made in accordance with the laws, codes and regulations. 

I am writing to request the prompt and efficient transfer of my securities to my Treasury Direct Account, in accordance with the relevant legal provisions governing the transfer and wiring of securities to designated third-party accounts. I kindly request your assistance in facilitating this transfer, with the following account details : Account : XXXX XXXX Treasury Direct Account # XXXX Bank Name : XXXX XXXX XXXX XXXX Bank Account XXXX XXXX Routing # XXXX To effectively establish the transfer of these securities, I also kindly request that you provide me with a Copy/Copies of the 1099-C, B-Copy, and all other documentation required by applicable law to evidence the Transfer of The Securities to The U.S. Treasury. Such documentation is crucial for record-keeping purposes and to ensure compliance with relevant legal requirements and for tax purposes. 

Furthermore, I request that All of my " Tender '' and " Federal Reserve Notes '' be deposited, and any cancellations of debt be properly documented on a 1040 form for tax purposes. I kindly ask that you send all copies of these documents, including those generated since the establishment of this contract, via the United States Postal Service.

In the interest of transparency and clarity, I hereby declare the following accounts and their respective amounts to be FULLY PAID : ACCOUNTS : Loan A Date : XX/XX/XXXX | {$58000.00} Please ensure that the necessary adjustments are made, reflecting the satisfaction of all outstanding financial obligations associated with the aforementioned accounts. 

I appreciate your attention to this matter and your assistance in effecting a smooth transfer of my securities. As the law requires, I expect compliance with all relevant statutes and regulations, including those outlined in the Treasury Direct, and other applicable laws and codes.

Should you require any further information or clarification, please do not hesitate to contact me at the above-mentioned contact details.

-Please note according to the Internal Revenue Service , if a Promissory Note is returned to the taxpayer send the note in again citing Public Policy HJR 192, forward the note to the CI Field Office , Attention Special Agent in Charge of the state the taxpayer resides. 

Thank you for your prompt attention to this matter. 

Best regards, In the Name of the United States for the Use and Benefit of XXXX XXXX, XXXX. 
By : XXXX XXXX, Beneficiary, Registered Agent All Rights Reserved, Done In Good Faith, Without Prejudice, With Honor Definition : Security Interest 49 USC Section 14301 ( a ) ( 3 ) The term security interest means an interest ( including an interest established by a conditional sales contract, mortgage, equipment trust, or other lien or title retention contract, or lease ) in a motor vehicle when the interest secures payment or performance of an obligation.

Negotiable Instruments, Act 1881/Securities Act 2 ( 1 ) 3 ( a ) ( 3 ) | Title 31 U.S.C.A. 463 and Public Law 97-258 ( XX/XX/XXXX ) In accordance with 31 U.S.C 5103 and USC 8 , such Promissory Note Instructions are NATIONAL BANK CURRENCY AND THEREBY COIN OR CURRENCY OF THE United States , by Rule of Law, U.S. Supreme Court , and Private BAR Association Statutory Bylaws Legal Definition . The Little promissory note is THE EQUIVALLENT OF MONEY as per 12 USC 1813 ( L ) and must be accepted by all banks and financial institutions as payoff, set off, discharge, and deposits. 

PROMISSORY NOTE Notice to Agent is Notice to Principal and Notice to Principal is Notice to Agent. 

XXXX XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX, DE XXXX XX/XX/XXXX XXXX XXXX Edfinancial Services, XXXX XXXX XXXX XXXX XXXX, TN XXXX Dear XXXX XXXX XXXX Subject : Promissory Note for Transfer of Securities and Request for Documentation I, XXXX XXXX XXXX XXXX undersigned, hereby state that this promissory note shall serve as notice to agent and principal, and any notice provided to either party shall be deemed as notice to the other party as well. This communication is made in accordance with the laws, codes and regulations. 

I am writing to request the prompt and efficient transfer of my securities to my Treasury Direct Account, in accordance with the relevant legal provisions governing the transfer and wiring of securities to designated third-party accounts. I kindly request your assistance in facilitating this transfer, with the following account details : Account : XXXX XXXX Treasury Direct Account # XXXX Bank Name : XXXX XXXX XXXX XXXX Bank Account XXXX XXXX Routing # XXXX To effectively establish the transfer of these securities, I also kindly request that you provide me with a Copy/Copies of the 1099-C, B-Copy, and all other documentation required by applicable law to evidence the Transfer of The Securities to The U.S. Treasury. Such documentation is crucial for record-keeping purposes and to ensure compliance with relevant legal requirements and for tax purposes.

Furthermore, I request that All of my " Tender '' and " Federal Reserve Notes '' be deposited, and any cancellations of debt be properly documented on a 1040 form for tax purposes. I kindly ask that you send all copies of these documents, including those generated since the establishment of this contract, via the United States Postal Service. 

In the interest of transparency and clarity, I hereby declare the following accounts and their respective amounts to be FULLY PAID : ACCOUNT : Loan B Date : XX/XX/XXXX | Total : {$130000.00} Please ensure that the necessary adjustments are made, reflecting the satisfaction of all outstanding financial obligations associated with the aforementioned accounts. 

I appreciate your attention to this matter and your assistance in effecting a smooth transfer of my securities. As the law requires, I expect compliance with all relevant statutes and regulations, including those outlined in the Treasury Direct, and other applicable laws and codes.

Should you require any further information or clarification, please do not hesitate to contact me at the above-mentioned contact details.

-Please note according to the Internal Revenue Service , if a Promissory Note is returned to the taxpayer send the note in again citing Public Policy HJR 192, forward the note to the CI Field Office , Attention Special Agent in Charge of the state the taxpayer resides. 

Thank you for your prompt attention to this matter. 

Best regards, In the Name of the United States for the Use and Benefit of XXXX XXXX, XXXX. 
By : XXXX : XXXX, Beneficiary, Registered Agent All Rights Reserved, Done In Good Faith, Without Prejudice, With Honor Definition : Security Interest 49 USC Section 14301 ( a ) ( 3 ) The term security interest means an interest ( including an interest established by a conditional sales contract, mortgage, equipment trust, or other lien or title retention contract, or lease ) in a motor vehicle when the interest secures payment or performance of an obligation.

Company response to consumer: Untimely response