Debt Center of America had a representative to call me regarding my student loan, wanting my social security number with the pin number as well. I refused to do so later Sam the (representative) called back had the file number from Mohela with my financial aid information and he offered to lower payment, and consolidate my loan. in exchange for doing this for me , you just have to make one payment of 599.00. once I receive all your payments, I will set you up right away. he stated that this loan could reduce my debt 1,000,00 to 30,000 referring to the Obama Student Loan Forgiveness Program.
Later, he quoted me a fee and service schedule price for each month coming out of my checking account starting October 2017 one time payment of $599.00. I called Mohela the representative stated that it was a scam. all they will do is set your loan on forbearance so you won’t have to make a student payment. the company will take your money and the loan remains in forbearance for months or years and I would find out later nothing was done.
Consumer Action Taken:
I called( 866-576-8740) Debt Center of America the phone just ring and cut off. I also email using this mail [email protected] of America.com as well
Date This Problem Happened: October 4, 2017
State You Live in: Tennessee
Race/Ethnicity: Black of African American
Age Range: 66+
Total Amount of Fee Paid: $599
Company Name: Debt Center of America
1930 Village Center Cir #3
Las Vegas , NV 89134
Company Telephone Number: 901-604-6511
Website of Company: DebtCenterOfAmerica.com
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