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PERFORMANCE SETTLEMENT LLC

Company Details

Name: PERFORMANCE SETTLEMENT LLC
Jurisdiction: New York
Legal type: FOREIGN LIMITED LIABILITY COMPANY
Status: Active
Date of registration: 28 Sep 2018 (7 years ago)
Entity Number: 5417376
ZIP code: 12205
County: Orange
Place of Formation: California
Address: 187 WOLF ROAD, SUITE 101, ALBANY, NY, United States, 12205

DOS Process Agent

Name Role Address
C/O BUSINESS FILINGS INCORPORATED DOS Process Agent 187 WOLF ROAD, SUITE 101, ALBANY, NY, United States, 12205

Filings

Filing Number Date Filed Type Effective Date
201016060359 2020-10-16 BIENNIAL STATEMENT 2020-09-01
190118000486 2019-01-18 CERTIFICATE OF PUBLICATION 2019-01-18
180928000109 2018-09-28 APPLICATION OF AUTHORITY 2018-09-28

CFPB Complaint

Complaint Id Date Received Issue Product
2291063 2017-01-16 Fraud or scam Other financial service
Issue Fraud or scam
Timely No
Company Performance Settlement, LLC
Product Other financial service
Sub Product Debt settlement
Date Received 2017-01-16
Submitted Via Web
Company Response Closed with monetary relief
Consumer Disputed No
Date Sent To Company 2017-03-25
Complaint What Happened I have recently hired a company who claimed to consolidate my student loans with the Dept. of Education using program called " Obama Student Loan Forgiveness ''. I know I could have done it directly with the dept of education, but since I work very hard I thought I would not have the time to do this.They made me sign a contract, which seems to be " irrevocable '' and made me liable to pay them {$1400.00} over the course of 3 years to keep renewing my consolidation applications. First problem I had with them is that they made many mistakes on my case and I had to keep calling to correct, such as personal info. Next, they promised I would be paying as low as {$36.00} a month for my loans, which was later confirmed as wrong by the Dept of Education. Next, they promised that all the debt will be settled in less than 20 years, which is NOT what the dept of Education has as true. So far they have taken about {$250.00} dollars from my checking account. Every time I tried to call them to express dissatisfaction with their services, I receive rude, angry and demeaning attitude from the representatives working for this company. I have put a stop in the payments and wish to not continue being taken advantage of by them any longer. Please help!!!!
Consumer Consent Provided Consent provided
2472638 2017-05-02 Dealing with your lender or servicer Student loan
Issue Dealing with your lender or servicer
Timely No
Company Performance Settlement, LLC
Product Student loan
Sub Issue Don't agree with the fees charged
Sub Product Federal student loan servicing
Date Received 2017-05-02
Submitted Via Web
Company Response Closed with non-monetary relief
Consumer Disputed N/A
Date Sent To Company 2017-05-03
Complaint What Happened Hello, I have recently learned that the company who claimed I could get my student loans forgiven from has been charging me for " re-consolidating '' my loans and doing something that my loan provider offers for free. They made it seem as if the money I was paying to them would be going towards my student loans when it was going towards the company, and I had stopped paying my student loans because I was eligible for a payment of {$0.00}. Date of contract was X/XX/2016
Consumer Consent Provided Consent provided
3115421 2019-01-03 False statements or representation Debt collection
Issue False statements or representation
Timely Yes
Company Performance Settlement, LLC
Product Debt collection
Sub Issue Attempted to collect wrong amount
Sub Product Credit card debt
Date Received 2019-01-03
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed N/A
Date Sent To Company 2019-01-22
Complaint What Happened Performance Settlement LLC has a worst communication with their client. They have refuse to help and stop taking money from my checking account even though I have paid in full to my XXXX XXXX account debt.
Consumer Consent Provided Consent provided
2678514 2017-09-19 Identity theft protection or other monitoring services Credit reporting, credit repair services, or other personal consumer reports
Issue Identity theft protection or other monitoring services
Timely No
Company Performance Settlement, LLC
Product Credit reporting, credit repair services, or other personal consumer reports
Sub Issue Billing dispute for services
Sub Product Other personal consumer report
Date Received 2017-09-19
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed N/A
Date Sent To Company 2017-09-19
Complaint What Happened My complaint is about Performance SLC, LLC taking advantage of my time of need and misleading me into paying for services that I could have performed for free. In XX/XX/XXXX, their services reached out via text about applying for student loan forgiveness. When I called the provided number, it directed me to a representative that said they could help with my loan forgiveness. They suggested that I consolidate all my students loans before making payments and they asked me various personal information about my background and employment. I sent pictures of my pay stubs to evaluate what payment plan would best fit to annual income. My account was created XX/XX/2017 and they put me on a payment plan of XXXX a month and the first payment was made XX/XX/2017. I thought everything was moving well until I started getting noticed about my due balances to my student loans. I then looked up reviews about Performance SLC and XXXX XXXX XXXX online and found out that other students have fell victim to this company misleading agenda for money and third party involvements.
Consumer Consent Provided Consent provided
2239027 2016-12-07 Excessive fees Other financial service
Issue Excessive fees
Timely Yes
Company Performance Settlement, LLC
Product Other financial service
Sub Product Debt settlement
Date Received 2016-12-07
Submitted Via Postal mail
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2017-02-07
Consumer Consent Provided N/A

Date of last update: 23 Mar 2025

Sources: New York Secretary of State