Federal student loan scams. 3 Ways to Spot a Student Loan Scam

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federal student loan scams

I saw early that you said we can do this ourself on Studentloans. Basically the school screwed up a lot of things for us and I at least plan on getting a lawsuit soon, but my roommate called that number and talk to someone about forgiveness of his loans. The lady I talked to was named Nicole and she told me That I would only have to pay a one time fee of 269. Any help would be greatly appreciated. I received a letter in the mail claiming I could have my student paid off and added to a credit card.

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Here Are The Most Popular Student Loan Scams

federal student loan scams

After reading through many of the former questions and answers here i feel it is a scam. On the agreement says that I can cancel it anytime with 50% money refund. I immediately changed my password once I got the notice. Our panel of independent experts evaluate every product based on a number of factors, including effectiveness, value, and safety. There is now paperwork to process so there fee is bogus. What can i do now to cancel their services and now move forward with another company that is legit in helping me get my defaulted loans back in order.

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The Most Common Student Loan Scams (And How To Avoid Them)

federal student loan scams

Basically, it sounds like these are all paper pushers and are doing the exact thing that I can do myself. The guy started sounding suspicious and I ended the conversation at that point. I want to make sure this is a legitimate company as it will be my Dad who will be paying. You can also go online to StudentLoans. There is not a bunch of paperwork to fill out, it has all been streamlined to that one website.

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Scam Alert: Student Loan Forgiveness Scam

federal student loan scams

Watch out guys this wreaks of scammers. I am on the do not call registry, but I still get scam calls. But i did not sign the terms of agreement document that was sent to my email. They said there is nothing I can do but pay for the two loans even though I only received the funds from one. Yes I am stupid but I thought it was legit. Being naive I signed the contract, but they could not access my tax information apparently they can only try twice I took this as a red flag, and after talking to others I knew I had to cancel it. Beware: You never have to pay for help with your federal financial aid or student loans.

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FBI Warns of a New Student Loan Scam

federal student loan scams

If this company is legit, do I really need to worry about them taking advantage of me, or have they already done that? They make it look all very legitimate And promised me a lot of things through phone conversations that I cannot prove now. Because the people working at these companies deal with student loans all day, every day, and they're your best chance at figuring out how to get your loans back under control. You can set that up yourself, just call your student loan servicer. I had a phone call from 877 871 7770 claiming to be the student loan department. Often these companies are charging for services you can easily manage yourself. July 15th and 17th, and I am still receiving these calls.

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Scam Alert: Student Loan Forgiveness Scam

federal student loan scams

Is it worth a few hundred dollars? Called back and spoke with Jerry Avita who sent an email. Now I am having second thoughts about this. Recorded call was about student loans and though in the past it asked if you want to be taken off their call list and I pressed the right button they started calling me again over and over. The scary part is they got my credit card number, checking account information and my social security and address information. . So I decided to do a little research for myself and landed here and also the better business bureau website.

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