Consumer complaint received 2020-06-23
Company: LendKey Technologies, Inc.
State: NJ
Product: Debt collection
Sub-product: Private student loan debt
Issue: Took or threatened to take negative or legal action
Sub-issue: Sued you without properly notifying you of lawsuit

Complaint:
On XX/XX/XXXX I was served with a summons for XXXX XXXX NJ XXXX Division. Docket Number XXXX from XXXX XXXX, Attorney from Debt Collection Law Firm, XXXX XXXX XXXX, XXXX. 
XXXX XXXX XXXX | XXXX XXXX XXXX, DE XXXX XXXX The Summons reveal False Information and Deceptive Collection Practices 1. On the summons she reports that complaint against me was started in XX/XX/XXXX ; however a summons/copy of complaint was not sent to me. I was first made aware of collection efforts on XX/XX/XXXX. I should have been notified of complaint in XX/XX/XXXX this was a very deceptive practice on part of this debt collection firm. 
2. In Summons she reported that Lendkey/XXXX XXXX XXXX XXXX was the originator of the student loan and that is incorrect. The originator of the student loan is now a defunct student loan company as of XXXX and was identified as a predatory student loan company. Loan originally was for XXXX and now ballooned to XXXX. Debt Originated in XX/XX/XXXX for {$28000.00} 3. In Summons she alleges that I had no intention of paying debt and made no efforts to do so. That is not true I used an attorney to make attempts to settle in XXXX and Lendkey declined the offers and did not provide a counteroffer. In XX/XX/XXXX, Lendkey placed my account in Charge Off as bad debt profit and loss write off. Lendkey made no attempts to settle with me directly or through the attorney office that represented me. 
4. In the summons sent to me XXXX XXXX wrote that the Sheriff office may seize my money, wages, property to pay all or part of judgement. 

Under First Count Section of Summons/Complaint Item 4 is false : " ... of which no part has been paid although repeated demands for same have been made and often refused. '' I have proof which I will attach that show several months about a year of efforts on behalf of my attorney to make a payment arrangement with student loan company, LendKey, and offers were rejected and no counter offer made. 

Under Second Count Section of Summons/Complaint Item 2 is false " ... Defendant was duly issued and received statements of Account, which set forth in detail all charges incurred on the Account and the total amount due and owing by Defendant theron. '' I have not received that and just asked for it today and it is enroute to me via mail NOW.

Items 3 is false '' ... Defendant received the statements of Account without protest and did not object to them nor indicate that they were erroneous in any respect. Defendant thereby acknowledge that the debt owed, as set forth in statements of account is true and correct. '' THAT IS 100 PERCENT FALSE I SOUGHT TO SETTLE WITH LENDKEY BECAUSE THE DEBT BALLOONED OUT OF PROPORTION. I WAS A VICTIM OF PREDATORY LENDING ALTHOUGH I ACKNOWLEDGE TAKING OUT XXXX IN XXXX, I DID NOT AGREE WITH THE XXXX IN INTEREST AND FEES DECEPTIVELY ADDED OVER THE YEAR AND WANTED TO SETTLE. 


Under Third Count Item 2 is false " Plaintiff loaned money and extended credit and conferred a benefit on Defendant, but has not been paid to date. '' Lendkey has not loaned me money, I consolidated my loan which originated from My Rich Uncle in XXXX. My Rich Uncle a defunct predatory student loan company loaned me XXXX in XXXX and Lendkey is profiting off of fees and interest from this Private Student Loan. Lendkey has not extended money, credit, or any benefits to me. 

I have made so many attempts to settle with Lendkey however Lendkey and this Debt Collection agency is trying to " squeeze money out of me '' which they didn't originate for their own profit. Which is an apparent scheme. 

https : XXXX

Company response to consumer: Closed with explanation