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Is Green Student and StudentLoanService.us for Real?

“Dear Steve,

Can someone check this website out for me before I make a mistake and sink my money into it to get out of debt with my Federal student loan? I called them up and they gave me a spelle saying that if I gave them 1% of my Student loan debt of 60,399.00 that they could erase my loan pay it in full and put me on the IBR program and charge me 39.00 a year for 120 payments and then it would be forgiven…?”

“BBB ACCREDITED BUSINESS SINCE 10/19/2012

Student Loan Service.US
Additional Locations
Phone: (877) 927-6859 Fax: (877) 268-474 44747
Viewridge Ave #200, San Diego, CA 92123
cs@studentloanservice.us

http://www.studentloanservice.us

http://www.webutation.net/go/review/studentloanservice.us

check us out on facebook:

https://www.facebook.com/StudentLoanService.us

Kind regards,

Ricardo Alves
Green Student
Direct Phone: 561-450-9105
Direct Fax: 561-853-0875
E-mail: Ricardo@greenstudent.com”

Get Out of Debt Free Hotline

The Answer

run away

That’s a horrible offer for something you can do yourself, for free!

Just read my guide, The Ultimate Guide to Dealing With Student Loans You Can’t Afford and follow the advice in there.

Also read Student Loan Assistance Rescue Scams On the Rise – Buyer Beware to educate yourself about the marketing pitch.

Please post your responses and follow-up messages to me on this in the comments section below.

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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • mallorie gonzales

    STUDENTLOANSERVICES.US ARE SCAM ARTISTS!!!! I just found out today which was not voiced to me correctly in the initial call that this “processing fee” they asked me to pay of $540 for my loans to be forgiven after 240 months is false. Also, I was told that I was eligible for $49 monthly payments or 240 months and as stated, all else will be forgiven due to the processing fee. HOWEVER, now I have been told they are a third party company (like filing your taxes with H&R Block versus online for free) and the $540 was an entrance fee to join their company, and the $49 a month is a service fee to “keep my loans as low as possible for 240 months, and at the moment my loans are $0.” See where the wording is tricky? I was never told the $49 a month was a service fee I was just told that was the payments I were eligible for. Since I thought we were talking strictly about my loans it was interpreted that these were for my loan payments. So I’ve lost out on money to this company for absolutely no reason, and none of it has gone toward my loans. I was already eligible through Great Lakes for pay as you earn income, being $0 through my school. The confusion started when I sent a consolidation application through my school and I was told I would be contacted about payment plans in a few days. UNFORTUNATELY, STUDENT LOANS SERVICES WAS THE FIRST TO CONTACT ME, starting the confusion. The representative also, after explaining my “plan” exactly the way I stated here, advised me after his explanations to check all these boxes one after another on the contract I signed. Since I trusted his explanations, I checked the boxes and signed the contract. WATCH OUT FOR THEM!!!!!! Does anyone know what I can do about this? I’m going to reach out to several people tomorrow about this BS contract and company.

  • Jessenia Giron

    so did anyone follow up with this? I’m considering getting help from Green Student but am very doubtful. So far they are asking for a $500 fee for the consolidation services, plus a $39/m maintenance fee. They are offering to pay my $50,000 loan off, according to them i qualify for public service program and will pay as little as $40/m for 10 years and then have my loan forgiven. What do you think? Unfortunately, I already signed up for the program because it sounded so good, then I started to feel like I made a mistake, 4 days later I’ve called and left a message that I’d like to cancel and have more time to think about it. I hope this is possible. Can you give me some advice? Thanks.

    • mallorie

      read above!!!

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