AMERIFED

Victim Location 53546

Type of a scam Credit Repair/Debt Relief

Amerifed is a horrible company. It started out with them sending me a letter that looked like a legit letter from the department of education. When I called it all sounded great and they stated that once my loans were consolidated it would be $39 a month and my loans would be forgiven after the 10 years. They asked for my FASFA information… stole the information they got from me and stated that they had a great deal for me. After I ended my phone call everything sounded really fishy to me… I literally have been dealing with trying to cancel and close everything. Cancelling the “contact” I signed with them, cancelling back accounts, cards, changing passwords, etc. DON’T trust this company… never confirm information they don’t have. Learning the hard way. I’m so nervous now that they have my personal information.

Victim Location 11221

Total money lost $838

Type of a scam Credit Repair/Debt Relief

I WAS SENT A LETTER IN THE MAIL FROM WHAT APPEARED TO BE A FEDERAL GOVERNMENT AGENCY, SAYING THAT MY STUDENT LOANS WERE ABOUT TO BECOME DELINQUENT AND I NEEDED TO TAKE IMMEDIATE ACTION. I CALLED THE NUMBER ON THE LETTER AND IT TURNED OUT TO BE AMERIFED. AMERIFED MAKES THEMSELVES SEEM AS THOUGH THEY ARE PARTNERED WITH THE DEPARTMENT OF EDUCATION TO PROVIDE LOAN CONSOLIDATION. AMERIFED CHARGES A FEE OF $266.33 CHARGED FOR 3 MONTHS, AND THEN YOUR "REPAYMENT" OF LOANS WHICH IS $39 FOR A PERIOD OF 240 MONTHS. THEN YOUR DEBT IS ALLEGEDLY COMPLETELY PAID OFF. I BECAME SUSPICIOUS AFTER I RECEIVED A VOICEMAIL, TEXT MESSAGE, AND EMAIL SAYING MY FIRST $39 PAYMENT HAD DECLINED. THERE WAS NO REASON FOR THE PAYMENT TO HAVE DECLINED, SO I LOOKED AT MY BANK STATEMENTS AND DIDN’T SEE ANY ATTEMPTED CHARGES. THEN I GOOGLED "AMERIFED" AND CAME UPON REVIEWS FOR AMERIFED ON THE ScamPulse.com WEBSITE. THEY CLAIMED AMERIFED IS A SCAM. AFTER CONTACTING NAVIENT, WHO SERVICES MY STUDENT LOANS, I LEARNED NO PAYMENTS HAD BEEN MADE TO MY ACCOUNT AND NO CONSOLIDATION PLAN HAD BEEN ISSUED FOR MY ACCOUNT. I WAS SCAMMED. THE DEPT OF EDUCATION OFFERS LOAN CONSOLIDATION PROGRAMS AT NO FEE. AMERIFED MADE IT SEEM LIKE THE FEDERAL GOVERNMENT WAS CHARGING THE FEE FOR MY REPAYMENT PLAN.