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Student loan consolidation

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Student loan consolidation Reports & Reviews (62)

- Edinburg, VA, USA

Please see the attached write-up.

- Pembroke Pines, FL, USA

On 08/03/2020 I was contacted by Alum Financial in regards to student load forgiveness program. Edith Gonzales was the representative we went through a series of questions and following out call she sent me documentation to be completed that showed proof of income I was then informed my information would be sent to the department of education. I was charged my first lump sum of $239.80 from 09/15/2020 to 01/15/2020 via my Chase Debit Card during those months I was charged a total of 959.20. Following being charged monthly payments from 01/15/21-10/14/22 of $49.00 giving me a total of $1078.00. All together from 09/15/2020-10/14/2022 I was charged $2037.20

- Pascagoula, MS, USA

So the scammers text me as a student loan forgiveness program. I called them twice on the second call they told me they were would help me with my student loans by forgiving a certain amount and I would old have to pay back a certain amount, they sound legit so I end up giving the social security number, my driver's license number and debit card number. Also signed some papers. I know it was stupid, and I was able to get a new debit card, but I am word about my social and driver's license being out there. I also don't want this to happen to anyone else. Hopefully this helps someone in the future.

- Ogden, UT, USA

Since Dec of 2021 I have been making payments to this company for my student loans. Only to find out upon checking with my actual loan processor Nelnet that this "New Education Relief " company is a scam and has already gotten a lot of money out of people for nothing!!!

Because of this I am now almost 3 whole years behind on my student loans!!! If the government knows this is happening they should provide credit towards my loans. I would of course provide all of my payments via bank statements.

Nope these guys just robbed me for 3 years almost!!!

+1
- Cibolo, TX, USA

They said that they could get my student loans forgiven and Completely removed from my credit report for just a small fee of $700 and everything would be taking care of and off my credit And forgiven.

- Cibolo, TX, USA

This company promise to Do all the people work and get my student loans for given and taken off my credit report they said they they could totally Oh why why it off with just a small ' of $700They are not going to be able to and I already done the paperwork for my student loan forgiveness So I really so I want to refund. They are saying NO!

- Chevy Chase, MD, USA

Initially the man called and said we can consolidate your student loan claiming to be with a company called national document experts. Give us 350 for 2 months and then 40 dollars after that every month. When I first gave him my info I lived in Michigan that bank account is closed . And now I live in Maryland and bank with chase and the 40 is auto debited. He asked for pay stubs through email which I gave .. I believe he tried to file unemployment as well when I was actively working.

- Nolensville, TN, USA

Unfortunately, I have been scammed by an organization by the name of, "Student Loan Movement." (SLM), that falsely claimed to be associated with the Department of Education.

I was approached by this org on May 21st, 2021, and have been paying them monthly since June 2021. They enrolled me in an alleged student loan relief program called "REPAYE" which required a payment of $1,1194, which was paid over the span of the following 6 months, $199 per month. They claimed it was a program that was offered for a limited time only.

After that payment was made, I was officially in the program, in which case my loans were "consolidated" and my monthly payments dropped from $199 to $39.97 (except Jan 2023, which was $49.97, likely because the payment bounced). I've been paying this monthly amount ever since December of 2021, which has resulted in an additional $639.32 of payments. These payments of $39.37 were to continue for another 240 months, which would result in about $9,600 (+ the $1,833.32 already paid), as opposed to the amount that I currently owe in student loans. Basically, I was falsely given the opportunity to have more than half of my student loans relieved.

As of 4/18/2023, I've come to the realization that Student Loan Movement is a scam. I confirmed this by confirming my true loan service provider (Nelnet), and logging into my account-- there was no history of any of these payments I've made over the past 2 years. Furthermore, the one and only email I’ve received from Nelnet since they took over my loans in April 2022, was the one they sent to confirm the switch, which likely has something to do with SLM altering my notification and account settings.

Additionally, they make it a point to make it very clear NOT to change any login credentials that they’ve provided me so that they can have full access to my account.

Please see to it that Student Loan Movement is shut down for good.

- Schenectady, NY, USA

It was a student loan forgiveness scam a person named Immanuel said was through the Department of Education. He got my social security number.

- Putney, VT, USA

This is the company that tried to scam me out of $1,208. These dirt bags pretended to be a student loan relief program and they absolutely are not they are scammers and will steal your identity and commit fraud. Please do not fall for their **** they keep changing their name don’t fall for it.

+1
- Worcester, MA, USA

The company reached out to my in October to help me to apply for me to get a student loan forgiveness and i was told to pay $199.00 for five months and the rest of the loan will be forgiven after the 5th payment, the another one has been issued for March so i called the student loan servicer and to found out that all the money paid was scarmed. Please help me to retrieve this amount of my life savings money in this difficult time. Thanks

- Roseville, CA, USA

The company called and offered assistance with my student loans and getting them pushed through for loan forgiveness. I agreed and paid them $1800 over 6 months and now have not heard anything from them, They are not taking my calls, returning my calls, I have called the company and have not heard from anyone. That was when I started looking deeper into the company and realized I have been taken advantage of. When you call their toll free number you get Bernice, she never has returned my call or answered my phone calls. The person Andrew Harris I was working with no longer returns my calls or answers his emails or calls. I will be looking into filing a complaint with my bank.

- Lake Luzerne, NY, USA

Company offered debt relief on a student loan for a fee depending upon the amount of debt.

+1
- Latonia, KY, USA

This company contacted me years ago saying they worked with student loans providers to consolidate education debt. They were operating under a title that President Obama decreed that helped with student loans. Obviously I had heard about his involvement in education loans and figured this was a proxy to those reliefs. Well I signed the paperwork and every month I have been paying the $39.00. I log into FedLoan today for tax documents for paid interest information. There are no payments. FedLoan websites directs to student loan provider. I log into the student loan provider and check payment history. There’s no payment history. There’s never been any account transfer to or from “Cornerstone Doc Prep” and my education loans have been under the original provider ever since enrollment! This company is totally fake and has been taking money for me, and countless others. Please investigate.

Called Navient. They answered and said they had a relief payment plan. Been drafting 69.00 from credit card each month, after initial $500.00 payment. Never any phone calls answered or emails. Today they call and claim loan forgiven, but to get $2, 200 refund I was made to verify all personal info and repeat credit card number in full claiming they only had last 4 digits. Then they would issue refund after one more payment by Pay Pal or other such app. I had to cancel my credit card!

Text my phone stating that they can help erase student debt from schools provided on a list totaling 40,000. Took my information and try to scam money. Read reviews and they are not accredited by ScamPulse.com

Offering to get rid of my student loans when they have already been forgiven

Making payments to the federal student loan repayment program 59.97 taken out of my account every month is supposed to be put toward student loan debt, without Your permission was taken additional 184.00 out my account they need to be stop

- South Portland, ME, USA

I was contacted by Alex Young from Students Come First. He said that his company could forgive my student loans and that I qualified. He said I would pay a payment of 207.00 and then it would be reduced to 77.00, and then down to zero until the loan matures in 25 years it would be forgiven. I thought the payments would be going to my actual student loans. Before I agreed I looked them up on the Better Business Bureau at the time and no one had reported them so I thought it was legit. I signed the paperwork. All online and over the phone. They withdrew the payments from my checking accounts as bank drafts and then as ACH Student CF. They came out monthly from 10-15-2020 and then stopped abruptly on September 16th 2021. They took 1704.00 out of my account. And now Alex's is phone number isn't active and the website is non-existent. Alex stopped returning my calls when I started asking questions. They also took over communicating with Navient my student loan provider so thats why I though the payments where going to them. I recently got a past due notice from Navient and that's how I realized I had been scammed. There were parts of the fine print on the paperwork that I didn't see prior to signing.

- Dorchester Center, MA, USA

I was called by SL Finance back in November 2021 right after I dropped out of college. I had a loan balance of about 18,000 in my name. The company claimed to help allowing as low as $30 to towards the owed balance or loan forgiveness. However since I've joined none of my payments has gone towards my debt. Now It says I owe $19,806 and I don't know what to do. The university has sent debt collectors after me and I told them that I'm in the process of repaying my debt. Now I know its a scam because the school shouldn't be after me to pay a balance I thought I was already paying since 2021.

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