Consumer complaint received 2019-04-22
Company: First Associates Loan Servicing LLC
State: OR
Product: Student loan
Sub-product: Private student loan
Issue: Getting a loan
Sub-issue: Confusing or misleading advertising

Complaint:
My name is XXXX XXXX DOB XX/XX/XXXX My SSN : XXXX I have applied for federal loan forgiveness through with " borrowers defense to repayment ''. Ive sent in 3 applications since late XX/XX/XXXX, most recent submission made was within the last 30 days (XX/XX/XXXX ). Ive had no communication regarding my filed application other than confirming it was received. From what I can tell, the application has seen no movement. 
I have enrolled in an Income-based repayment plan for my federal loans. XXXX XXXX employed high pressure recruitment and sales tactics. They misrepresented graduation success, job placement rates and salary figures that were misleading. I went to school there and was taught outdated material. They said I would be getting a better education for a better price than if I went to a state college or university. I now sit here with a poverty wage job and {$74000.00} in debt. There have been lawsuits against XXXX ( whom declared bankruptcy after losing federal financial aid funding in XX/XX/XXXX ) in regards to predatory and deceptive behavior. I have been defrauded by XXXX XXXX XXXX. I worked hard every day I went to that college and no one was interested in hiring me. Most jobs that were sent from the career services department at the college were entry level technical support jobs that offered XXXX XXXX  an hour. They hardly spent any real time helping students. All they wanted to do was put me on their email blast mailing list for jobs. 
There has been several cases involving XXXX XXXX XXXX including a class action lawsuit that was settled in favor of the student borrowers behalf. In some of the supporting documents I have pertaining to this complaint. In sperate lawsuit, the PEAKs loans have been referred to as " akin '' to the " sub-prime mortgage loans '' in the XX/XX/XXXX financial crisis. I seek forgiveness from this debt. I believe XXXX XXXX XXXX must be held liable for the financial ruin they have brought to not only myself, other Oregonians and students around the nation. presently I am sending nearly half my monthly income to pay towards these loans. I can only afford to do minimum payments. If I dont miss any payment or go into default I may be forgiven from my loans over the course of a few decades. 
I have 2 loan servicers 1st Associates  ( Phone : ( XXXX ) XXXX Mail : XXXX XXXX XXXX XXXX XXXX, CA XXXX ) account # : XXXX and account # : XXXX ( private loans ) XXXX  ( Federal loan Phone # : XXXX ) ( Private loans phone # : XXXX ) Monday Thursday XXXX XXXX XXXX XXXX and Friday XXXX XXXX XXXX XXXX   ET account # : XXXX ( for all XXXX managed loans ) I have filed this complaint under the private loan flied, though I have taken out both public and private loans to attend this shoddy college. 
I implore you to contact me so I can furnish some of the documents regarding XXXX XXXX XXXX and additional supplemental information. I can send those files.

Company response to consumer: Closed with explanation