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Student Loan Rescue or Assistance

What Should I Do If My Student Loan Relief Company is Not Delivering Results?

AFSLR Cover

I recently asked the Association for Student Loan Relief (AFSLR) to submit a guest post that described what consumers should do when a student loan relief company, and even an AFSLR member, didn’t deliver as promised. Imagine my pleasant surprise when they stepped-up and accepted the challenge. A big hat tip goes out to Ward Welke and Robby Birnbaum for ... Read More »

    Student Debt Doctor Decides Use of Department of Education Logo is OK

    oops

    UPDATE 8-27-2014: Hat tip to Gary White from Student Debt Doctor for pulling the Department of Education logo from the site following the article below. Gary said, “I had no idea that was the Department of Educations logo and have taken it the logo down. I had a friend do the site for me, I asked that he put a ... Read More »

      Did This Student Loan Relief Company Just Put Out the Worst Ad Ever?

      Actual event photo. Notice a different website is actually in the banner.

      A reader and tipster sent in the image below of an advertisement they saw on Facebook. They said, “Check out the attached Facebook ad – they are implying that their website, studentdebtsupport.org, which redirects to Streamline Student Loan, is a part of the College Affordability Act. They also claim in the same ad that “EVERYONE” qualifies for forgiveness, and to ... Read More »

        Federal Student Loan Notice Mailer Review

        Click image for larger view.

        An amazing reader Alicia sent in a new debt relief mailer through my I Buy Junk Mail program. Alicia received a mailer from good old postal permit 1297 in Sacramento, California which promises some amazing student loan benefits including total loan forgiveness. The outsides of the mailer does not say who the sender actually is and my opinion is it ... Read More »

          It’s Official Now, Student Loan Assistance is the New Debt Settlement

          Certain death

          This week has been a big week for the student loan assistance niche. Not only were groups like the New York Times and Wall Street Journal publishing articles about this vertical but a tipster (send in your tips here) just pointed out the Scott Law Group in Washington State is on the hunt for harmed consumers. And let’s not forget ... Read More »

            Student Loan Rescue Offers Draw Growing Concern and AG Suit

            law books

            Just recently more press has appeared about the growing market of student loan assistance companies. One article even said, “For the debt settlement industry, all this means a tantalizing gold mine of new customers. “Your entire student loan can be forgiven,” Broadsword Student Advantage of Carrollton, Texas, boasts in radio ads. Debt settlement companies, which offer to help borrowers lower ... Read More »

              Deaf Reader Sends in Student Aid Center Transcript

              Mature woman confused

              An apparent deaf reader sent in the following TTY transcript of a sales pitch from Student Aid Center. It appears the group is charging the deaf consumer a total fee of about $14,000 ($199 x 3 plus $56 per month for 240 months) for a service the consumer could get for free directly from the Department of Education. If that’s ... Read More »

                New York Goes After Companies Offering Student Loan Assistance

                student loan debt

                Governor Andrew M. Cuomo announced today that his newly established Student Protection Unit took its first official action by issuing subpoenas to 13 student debt relief companies as part of an investigation into concerns about potentially misleading advertising, improper fees, and other consumer protection problems in that industry. In particular, the Department of Financial Services’ (DFS) Student Protection Unit is ... Read More »

                  Student Loan Assistance Insider Blows the Whistle to Warn Consumers

                  scammer

                  I’ve been critical of the wave of student loan assistance companies that are exploding on the scene. Some of these companies are charging huge fees for items the consumer can do themselves. The statement below comes from someone who claimed to work inside one of these companies. The company name is less important than the issues they raise about the ... Read More »

                    Student Loan Assistance Center Marketing Mailer – I Buy Junk Mail

                    Student Loan Assistance Center

                    Susan sent in the following mailer to me from a generic sounding company, Student Loan Assistance Center. She also noticed the letter had the same Judy Pratt signature as other debt relief mailers have. The last one I covered was from the Debt Reduction Department. Click here. For those who may not know, I Buy Junk Mail so be sure ... Read More »

                      CFPB Takes Student Loan Problems Seriously

                      Student Loan Corkboard Concept

                      Rohit Chopra is not only the Assistant Director for the Consumer Financial Protection Bureau but also the Student Loan Ombudsman there. As an example of how slow government can work at times is the slow pace of solutions for people facing private student loan debt. Currently options are limited and without any long term payment reduction solutions like those available ... Read More »

                        USAvsDEBT, USDC Student Loan Services and Student Loan Consolidation Center Signup

                        welcome

                        The Association for Student Loan Relief has shared new member flocking to the association focused on selling student loan relief services to consumers. Current members include AP Student Loan Relief, Action Financial, Debt.org, Student Loan Consolidation Center, American Student Loan Consolidators, US Student Loan Services, USAvsDebt, USDC Student Loan Services, Frontline Debt Services. – Source As always, for consumers who ... Read More »

                          Misleading Student Loan Mailer to Watch Out For From Student Loan Servicing Center

                          Student Loan Servicing Center Mailer

                          A consumer just submitted a complaint about Student Loan Servicing Center and included a mailer they received. I wanted to review the mailer for you and show you all the items that raised my concern. It’s worth discussing these items so you can be more aware of what marketing messages you may receive so you can evaluate them. If you ... Read More »

                            Disturbing Student Loan Client Services Mailer to Watch Out For

                            forjunkmail1_001

                            A reader has just sent in a mailer they received from an entity called Student Loan Client Services. Talk about a generic name. The mailer, which appears to pretend to be an official government mailer, and was sent from postal permit 1297 in Sacramento, California. The reader sent in the new debt relief mailer through my I Buy Junk Mail ... Read More »

                              Tell Me About US Student Loan Services

                              begging

                              A new debt relief company selling student loan debt help has come across my desk. I’d love to hear from you if you’ve used their service or have been through the sales presentation. The company is US Student Loan Services and is on the web at usstudentloanconsolidation.org. When new companies like this appear I’m really interested in your feedback on ... Read More »

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