Advertiser Disclosure

Borrower Beware: Equitable Acceptance Corporation

Loans, Student Loans

This company is on the NerdWallet Student Loan Watch List. The list flags student-loan businesses and individuals hit by enforcement actions, court judgments or liens, or bad ratings from the Better Business Bureau. Learn more in Who Gets Listed. Have you dealt with this business, or encountered a suspicious student-loan company that NerdWallet public interest reporters should investigate? Let us know at

At the time of this Watch List posting, the Better Business Bureau had given Equitable Acceptance a “D+” rating.

Claims to provide: Part of EAC’s business is to collect overdue payments for companies that offer student loan adjustment and consolidation.


Based: Minnetonka, Minnesota

Management: Donald Henn

Sources: Better Business Bureau; Minnesota state business records