I am getting phone calls and have never Co-signed for a loan. My daughter has a loan and has been unable to pay since graduating due to the economy and no job, at least not enough to pay her loan. She has requested the extension and since they don't have their act together she still doesn't have the required paperwork to file the extension. She talks to them every month, however they continue to call and harass me despite the fact I am NOT on the loan. They are inquiring as to her whereabouts......even though she talks to them each and every month! It's maddening!!! If they would just follow through then all of these unnecessary steps on their end could be avoided. As well as the harassing calls every single day to me!!!!
I recently worked for FMS. The only thing they focus on there is collecting and recovering defaulted student loans. All collectors in the world look up relatives and try and probe for location information on the borrower, which is perfectly legal. About 20% of our cases are very old default years, even from the 1980's, and yes we try to contact those people as well as there is NO statute of limitations, bankruptcy discharge (post 1985ish) or loan forgiveness (except for 100% disablility and other rare qualifications). It is federal law that before ANY personal information is revealed they must verify who they are speaking with by confirming the last 4 of SSN. Noone on earth can do ANYTHING harmful to you with the last 4 of your social security number. They legit want to help people out of federal default, and most people IN default don't know how easy it is to get it resolved, but most of the time they don't have the chance to explain this due to privacy restrictions and people being wary of them right away. They often don't leave messages, because if they do it has to be VERBATUM from a script which honestly sounds ridiculous and they try to avoid it when possible. To ease your concern, look up loan rehabilitation and start getting your taxes back and avoid wage garnishments, that's really their only concern- it might be weird at first, but they are trying to help you.
Hey do***ebag, maybe putting food on the table is a little more important than paying a higher than Christ student loan, or a bill from an ER because they can't afford to go to a family physician. I am so glad that you have never been on a shoestring budget. I am glad that you feel it is okay to pass judgement behind the digital barrier. I am glad that I am not blind to our society's problems like you.
They called my uncle saying I used him for a reference on my recent loan (wouldn't tell him what the loan was for) and said they have better rates for me and to have me call immediately. Not before they asked where I lived, worked, hung out, Names of other family members. My Parents address. My phone number and license plate numbers. I called them to tell them NOT to call him and they said I was a third party because I would not verify my social - uh duh every single financial institution in the WORLD will never ask for your ss over the phone. They had the wrong address for where I lived (have not lived there since 2002) Was not in College or had a student loan until 2011 and I did take out a car loan recently but I got the loan through the dealership. Hopped on Credit Kharma and the only things on there are the car loan the unused CC for emergencies and my closed out CC and Car loans and School loans. Scam is written all over this one. They were very threatening and said things like we have all your families info were going to call them all multiple times a day until you give us your social.
Calling me regarding someone else asking questions and saying I was used as a reference what a scam!!!!! Just fishing for information.
There have been bills coming to my house for a few years under a name I've never heard of (or can't even pronounce). Since it's a federal offense to open someone else's mail, I've sent them all back. Now, FMS is calling me telling me that I've never paid a cent on any of my loans. They are allegedly linked to my SS, but not my name. These loans are correct for loans I've taken out, and paid on under the correct name. What am I supposed to do to rectify this. I feel helpless.
So were does our money go when we send it to FMS? Is it really being applied to our student loan? How can we see the balance of our student loan after we have paid FMS so much money to make sure?
This number calls and I call back and the number doesn't work!!
What I can't believe in reading through these posts is all of the horrible spelling and punctuation by people with college educations!
That said, I'm glad I read these posts (painful as it was with the above-mentioned issue) before I innocently threw a co-worker under the bus! FMS Services, Inc. sends out a very official-looking "Information Request" to employers in their quest to obtain current contact information, and I presume, to ultimately garnish wages.
My co-worker may or may not owe this debt, but if the Federal Government wants to collect, they know where to find her. I'll wait for their call and won't fall prey to the scare tactics employed by FMS.
I have been harassed by an anonymous caller for a year... 3-4 calls a day, including Saturday and Sunday...on my cell phone. No messages left. No way to know who is calling. No way to block. A reputable company would identify themselves and/or leave a message. Any suggestions?
This is a very legit company. They called a few of my relatives and references supplied by me when I took out my student loans. I fell on hard times, moved around a lot didn't leave good contact info etc. I was embarassed by my debt and was scared because I signed papers to repay this loan so I just avoided. I finally called back because of messages left to those same family members and friends got tired of getting messages. Simply curious and didn't want any messages left with them anymore I called. I owe over 50k. I was able to qualify for a very reasonable repayment option of $25.00 per month. It's the law. A person is only required to pay what is reasonable and affordable to them. So if you can't pay a dime so be it , just send them the required documentation. You can even get the discharged if disabled, false certification by the school, closed school etc. I don't know I spent a good hour talking to the rep and got a lot of verifiable info from them just check ed.gov or other related websites. I was pleasantly surprised.
Nice propagandist response. The student loan industry is one of biggest scams that government and corporate complex designed with the intent of turning the majority of graduates of universities into long-term debt slaves.
REALLY!!!!! GEEZ LOOK SO ARE MINE
Dude, I hope you don't ever run into any financial problems, you would see what it is like for some unfortunate people. I got deployed to Afghanistan while working on my degree. I came back with some very serious physical injuries that have left me disabled for the rest of my life. I can still work, but not to the same level I did before I deployed. The Army was supposed to pay for my student loans, to which they haven't paid a dime yet. For some of us its hard enough for us to have to make it through the mental and physical pain we go thru every day, let alone deal with jerks calling us about stuff we would pay if we could. Before I was deployed my credit was awesome at 800, but now its crap at below 600. Life sucks living like this and the temptation to end it all is very appealing some days more than others. So, until you have walked a mile in someone else's shoes you should refrain from making insensitive comments like this -- it could happen to you one day too -- but I wouldn't wish this life on anyone else, even someone I don't like.
I just get this call telling me that I still owe student loans I paid this loan off two years ago and have ever spoken to the school that issued the loans out and told me that I don't owe them or the dept of education any funds and what funds were there have been sent back to the dept of education. I have the letters stated that this loan have been paid off it get back that I had to get my local phone company to put a block on my phone because of the harassing phone calls and the sad thing that am go the don't call list and this company still calls me and hounds me for loans that have paid off it so funny that after two almost three years I have this company and the dept of education come after for loans that paid two years it no my fault that they lost the papers I want this people to stop calling me and harassing my home FMS need to talk to the dept of education and get there facts right before going and harassing someone am not paying for loans that already have been paid in full am not shelling out any money to help their bills and this is scam.
I don't have any student loans but this place has all my info. Screw you. Don't open your mouth about stuff you don't know.
Should have added I do not owe a debt and don't know of a relative who does either.
Girl Posting This
Just missed a call from this number for the umpteenth time in the past couple of weeks...this time on a SATURDAY morning around 10:30. On a holiday weekend no less. I have done NOTHING out of the ordinary and don't know what I did to deserve this but I sure wish they'd go away!!! "Normal" life is hard enough already. Geez. Anyone else note the date of when this thread started?!? It's been nearing five years now and they're still scamming people!!! Hey, maybe they can see this and be inspired for a slogan: "877-291-8405, Scamming Whoever We Want to Since December 18, 2009."
called saying they were FMS, financial management system. Asking me to confirm my social security number
They are probably calling because they have a wrong number and think you may live in a state they can't leave a message or they are calling to probe you for information about the borrower. They avoid leaving messages for 3rd parties because that is considered a "contact."
1) We use local touch because I lot of people don't answer 800 numbers
2) We never use the website ourselves, so I can understand if a new employment didn't know the address. It's fmsdc.com. Nothing useful for students I'm afraid.
3) FMS offices are open 8-9 cst M-Th with some exceptions. We were having some issues with calls going to VM, but those are fixed now.
I've done that. Hey, when you don't answer at home, we have to get creative.
Take a message for the employee and simply tell the person not to call your number again. Usually just saying "No personal calls, please." does the trick.
You don't have to get out your SSN. We already have it. The law demands we make sure we are talking to the right person by SSN and name. Just verify if the SSN we have is you or not. Not much we can do with the last four digits.
This prevents me from discuss your business with any random Joe with the same name.
Sounds like they may be calling a wrong number. Try calling again.
You were listed as a reference when your daughter took out the loan before she was married. Thank goodness she didn't reveal the reason. You wouldn't want people to know you were in debt if it was you, would you?
Go Bother someone else
I got a call from a Rich Black who said he was trying to help someone else. I said I don't give a S H I T and hung up.
Pissed off into action
Send a letter to the state attorney generals office indicating you are being harassed for a bill that is not yours and that you are getting annoyance calls. The state attorney general that the call originates from will contact them and then reply to you any necessary information you may need to supply. For instance they may think your spouse is the person who owes the debt so you would have to furnish the last 4 digits of your social security number with your name on the social security card. You can black out all the other digits. They will stop harassing you once the attorney general gets involved. Then they may attempt years later and you can mail your correspondence to them and the attorney general again with a printout of the number. If you want to take local action dial *57 or *51 (I forget) That traces the call and if you have three traced calls then call your phone company security and make a complaint. They can get involved with your local police dept.