John DePodesta, CEO of Educational Credit Management Corp (“ECMC”) is nothing but a modern day, cleaned up, streamlined street-mafia criminal who has made a living out of exploiting and deceiving poor bankrupted student loan borrowers who defaulted through no fault of their own, and then tacking on upwards of 60-100% of the remaining loan balance on to their original loans, breaking their backs while lining his pockets with gold.
This son of a b*tch John DePodesta realized and recognized long ago that by hiding behind/pretending that his clearly “for-profit” company ECMC is a “non-profit organization,” that he can use the immunity and protections of the federal Higher Education Act (“HEA”) to mask and hide his bloodthirsty lust for billions of dollars in cash stolen and extorted from poor, mostly millennial, sometimes jobless, bankrupted or disabled student borrowers who temporarily defaulted, only to offer them low monthly payments to get the loan out of default, but then hits them with nearly 100% in “collection costs,” thus doubling their original student loan, all the while lying to these students about other financing payback options available.
This is like giving small amounts of heroin or cocaine to a down and out abused drug addict, then forcing them into prostitution to pay back twice as much money or drugs to pay them back after they get addicted.
Someone needs to throw this animal John DePodesta into prison for his mafia-like RICO tactics and behavior, but unfortunately he has greased the wheel and bribed various corrupt officials in the Republican President Donald Trump administration, such as arch-criminal and Republican Education Secretary Betsy DeVos, who gutted the former Consumer Financial Protection Bureau (“CFPB”) founded by Democrat Senator Elizabeth Warren and Democrat President Barack Obama, now destroyed by Trump-appointees Republicans Mick Mulvaney and Kathy Kraninger.
Now poor student loan borrowers are getting f*cked even worse than before, because President Donald Trump is too stupid to realize that this upcoming $1.5 trillion dollar student loan financial crisis is going to be hundreds of times worse than the 2008 housing financial crisis, also created by Republicans in the George W. Bush administration, which nearly destroyed the United States of America after the 2008 financial crash.
I already pay a Student Loan to HESSA PO BOX528 Newark . NJ. I know many years ago my youngest daughter had made a phone bill in my name. I found out about it and the phone company wre liable and I did not have to pay. S he took out a Student loan and added my name years ago without my permission. S he is not allowed in my home she is now 33 years old. I call the company and was told it is in defaut and given to Ponierrs, The letter had also US Department of Treasury Bureau of the Fiscal Service PO.1686 Birmingham Al 35201-1686. I found out it was open November 2013 and itwas also ECMC 111 Washington Ave 1400 MINNEAPOLIS MN 55401 (615)m 221-0566. How can I stop this?
They stated on the leter Treasury will with hold 15% of your Social Security benefit payment and funds may be with held until debt is resolved. We will try to begin by 04/2018 so you have time to act they said in letter. I did not give them any additional information over te phone. The letter also stated the Teasury Offsrt Program is 1-800-304-3107 or visit
It was also stated the enclosed warning notice you owe US Deparment Of Education Federal Offset Unit PO BOx 5527 Greenville
TX 75403 Phone 800-621-3115 Account: 05500605611 Contact them if thissss an error I was told. I need to get to the truth of this matter. I did not give them any of my banking information or any thing over phone. They have called I just let the machine answer. I refused to be harrassed and give out any information over phone. I hope and pray you can help me.
My ex husband and his cousin stole my social security number back in 2010. Well now I have over 80,000 racked up in debt that isn't mine for schools I never attended. Ecmc has had me turn in the same stuff for a dispute 3 times but denies the dispute and it's the information that they need. They have been blowing my phone and work phone up trying to set "up a payment" plan I keep telling them I'm not paying for something that isn't mine. Then on top of that they are trying to garnish my wages 15 percent. I need help with a lawyer.
I went to a small business college in NY State in 1985 for a year and a half. My tuition was paid for by a TAPP and PELL Grant that I signed for, at least that is what I was told at the time. I was a divorced, single mom on public assistance and was told that if I did not have a job or was going to school, all help would stop. Years after I graduated, it took me two years to get FT work, I was contacted by ECMC to threaten me about a "Defaulted Student Loan", needless to say, was totally shocked, contacted them and explained about the grants. Never got anything else from them, but Thirty-Two years later!!!! I am being garnished for this, I contacted the student loan debt relief people and this was handled, but then it started up again! ECMC had just changed companies, they do a doge every time you take care of things, what they do is totally illegal and they have to be stopped! M in CA
I am the victim of identity theft and while I don't like the phrase it's the truth when the creditor called me I tried to explain to them that I have a problem with identity theft and fraudulent activities using my identity and asked him how he got my phone number he was rude and disrespectful and cut me off basically calling me a liar even after I told him that my own student loan debt had already been paid for
I have filed an class action lawsuit against E.C.M.C. for taking my icome tax checks from 1985 until now. I have never recieved and student loan never went to school, the signature on the promisory note is not mine. so if any news reporter wants to take at look at my case they can. If anybody wants to join my lawsuit against E.C.M.C ARE MORE THEN WELCOME . u can contact me by e-mail are phone me at [email protected] are phone me at ***-***-****. We have to put an stop to this corporation.
Educational Credit Management Corporation Reviews
John DePodesta, CEO of Educational Credit Management Corp (“ECMC”) is nothing but a modern day, cleaned up, streamlined street-mafia criminal who has made a living out of exploiting and deceiving poor bankrupted student loan borrowers who defaulted through no fault of their own, and then tacking on upwards of 60-100% of the remaining loan balance on to their original loans, breaking their backs while lining his pockets with gold.
This son of a b*tch John DePodesta realized and recognized long ago that by hiding behind/pretending that his clearly “for-profit” company ECMC is a “non-profit organization,” that he can use the immunity and protections of the federal Higher Education Act (“HEA”) to mask and hide his bloodthirsty lust for billions of dollars in cash stolen and extorted from poor, mostly millennial, sometimes jobless, bankrupted or disabled student borrowers who temporarily defaulted, only to offer them low monthly payments to get the loan out of default, but then hits them with nearly 100% in “collection costs,” thus doubling their original student loan, all the while lying to these students about other financing payback options available.
This is like giving small amounts of heroin or cocaine to a down and out abused drug addict, then forcing them into prostitution to pay back twice as much money or drugs to pay them back after they get addicted.
Someone needs to throw this animal John DePodesta into prison for his mafia-like RICO tactics and behavior, but unfortunately he has greased the wheel and bribed various corrupt officials in the Republican President Donald Trump administration, such as arch-criminal and Republican Education Secretary Betsy DeVos, who gutted the former Consumer Financial Protection Bureau (“CFPB”) founded by Democrat Senator Elizabeth Warren and Democrat President Barack Obama, now destroyed by Trump-appointees Republicans Mick Mulvaney and Kathy Kraninger.
Now poor student loan borrowers are getting f*cked even worse than before, because President Donald Trump is too stupid to realize that this upcoming $1.5 trillion dollar student loan financial crisis is going to be hundreds of times worse than the 2008 housing financial crisis, also created by Republicans in the George W. Bush administration, which nearly destroyed the United States of America after the 2008 financial crash.
I already pay a Student Loan to HESSA PO BOX528 Newark . NJ. I know many years ago my youngest daughter had made a phone bill in my name. I found out about it and the phone company wre liable and I did not have to pay. S he took out a Student loan and added my name years ago without my permission. S he is not allowed in my home she is now 33 years old. I call the company and was told it is in defaut and given to Ponierrs, The letter had also US Department of Treasury Bureau of the Fiscal Service PO.1686 Birmingham Al 35201-1686. I found out it was open November 2013 and itwas also ECMC 111 Washington Ave 1400 MINNEAPOLIS MN 55401 (615)m 221-0566. How can I stop this?
They stated on the leter Treasury will with hold 15% of your Social Security benefit payment and funds may be with held until debt is resolved. We will try to begin by 04/2018 so you have time to act they said in letter. I did not give them any additional information over te phone. The letter also stated the Teasury Offsrt Program is 1-800-304-3107 or visit
It was also stated the enclosed warning notice you owe US Deparment Of Education Federal Offset Unit PO BOx 5527 Greenville
TX 75403 Phone 800-621-3115 Account: 05500605611 Contact them if thissss an error I was told. I need to get to the truth of this matter. I did not give them any of my banking information or any thing over phone. They have called I just let the machine answer. I refused to be harrassed and give out any information over phone. I hope and pray you can help me.
My ex husband and his cousin stole my social security number back in 2010. Well now I have over 80,000 racked up in debt that isn't mine for schools I never attended. Ecmc has had me turn in the same stuff for a dispute 3 times but denies the dispute and it's the information that they need. They have been blowing my phone and work phone up trying to set "up a payment" plan I keep telling them I'm not paying for something that isn't mine. Then on top of that they are trying to garnish my wages 15 percent. I need help with a lawyer.
I went to a small business college in NY State in 1985 for a year and a half. My tuition was paid for by a TAPP and PELL Grant that I signed for, at least that is what I was told at the time. I was a divorced, single mom on public assistance and was told that if I did not have a job or was going to school, all help would stop. Years after I graduated, it took me two years to get FT work, I was contacted by ECMC to threaten me about a "Defaulted Student Loan", needless to say, was totally shocked, contacted them and explained about the grants. Never got anything else from them, but Thirty-Two years later!!!! I am being garnished for this, I contacted the student loan debt relief people and this was handled, but then it started up again! ECMC had just changed companies, they do a doge every time you take care of things, what they do is totally illegal and they have to be stopped! M in CA
I am the victim of identity theft and while I don't like the phrase it's the truth when the creditor called me I tried to explain to them that I have a problem with identity theft and fraudulent activities using my identity and asked him how he got my phone number he was rude and disrespectful and cut me off basically calling me a liar even after I told him that my own student loan debt had already been paid for
I have filed an class action lawsuit against E.C.M.C. for taking my icome tax checks from 1985 until now. I have never recieved and student loan never went to school, the signature on the promisory note is not mine. so if any news reporter wants to take at look at my case they can. If anybody wants to join my lawsuit against E.C.M.C ARE MORE THEN WELCOME . u can contact me by e-mail are phone me at [email protected] are phone me at ***-***-****. We have to put an stop to this corporation.