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Elyria beauty school loan mess unfolds and settles
A reader recounts a tangled loan history from Elyria Academy of Beauty Culture from 1976 to 1980. Mitchell Sweet & Associates and Wachovia misfiled payments, prompting wrongful delinquencies and threats of collection. FTC attorney notes limited federal oversight. state contract law and school responsibility apply.
MENTIONED IN THIS ARTICLE
The
Elyria Academy of Beauty Culture
Elyria
Ohio
Wachovia Loan Services
Mitchell Sweet & Associates
Phoenix
Beauty Academy
Mitchell Sweet
Elyria Academy
Reffkin
John McGonigal
Federal
Department of Education
Academy