The FTC announced this past week that it (along with multiple states) has cracked down on companies that have been allegedly scamming consumers when it comes to getting help for their student loan debt. We are so excited to see this action take place because there are a lot of unscrupulous companies that advertise “help” […]
The most common student loan scams involve paying fees to consolidate or to get forgiveness, law firms and lawsuits, and trying to eliminate your loan debt.
Over the last month we have been getting bombarded with reader questions about student loan consolidation. It seems that a lot of companies are advertising on TV and other places that they can “help you consolidate or get rid of your student loans”. But you know what? That help comes at a cost – and […]
Nelnet is one of the nation’s largest student loan servicing companies. What happens is that the United States Department of Education contracts with companies like Nelnet to provide servicing options for their student loans. Prior to 2012, when financial reform changed how student loans were originated, Nelnet was also one of the largest holders of student […]