The Student Loan Debt Forum | The College Investor

Student Loans => Student Loan Scams => Topic started by: a1c2 on September 17, 2019, 06:26:28 pm

Title: Document Prep Solutions
Post by: a1c2 on September 17, 2019, 06:26:28 pm
is it a scam?? I can't figure out if I am better off refinancing or going through this company to pay less for the next 20 years.. im financially in a position to pay more on my student loans and feel like going through them is giong to hurt my credit.

Has anyone heard of them?
Title: Re: Document Prep Solutions
Post by: TheCollegeInvestor on September 18, 2019, 01:30:46 pm
No matter what path you choose with your loans, make sure you understand what is actually happening. Refinancing your loans is a path for some, as well as simply changing your repayment plan. If you need a 20 year repayment plan, refinancing is likely NOT a good option.

As for whether you should do it yourself or use a third party, read this first: https://thecollegeinvestor.com/16429/is-your-student-loan-repayment-company-a-scam/
Title: Re: Document Prep Solutions
Post by: Stephanie0808 on November 18, 2019, 04:48:34 pm
Doc Prep helped me consolidate my loans after a terrible default. Their fees were pretty reasonable. I already pay to have my taxes done so why not make sure all the Is are dotted and Ts are crossed.. They let me know ahead of time that I can most definitely do it myself however I knew having a prep company do it for me would be much more efficient and get done right the first time. I have never had a problem with them. They also contact me annually to recertify, which is very convenient.