Before you go through with any type of company offering to help you with your student loans, please read through this checklist:
How To Tell If Your Company Is A Student Loan Scam (https://thecollegeinvestor.com/16429/is-your-student-loan-repayment-company-a-scam/)
The guide will walk you through the most common scams, the typical words and phrases they use, and more.
Where can I go to actually speak with or work with someone to get my student loans legitimately out of default and enter into a program to reduce the debt and work out affordable payments?
If your loans are in default you have to go through student loan rehabilitation. You simply follow the steps outlined here: https://thecollegeinvestor.com/15577/how-to-get-your-student-loans-out-of-default-with-rehabilitation/
Hi, quick question. Im new to the forum. I keep getting a call from a company called United Student Loan Aid. I currently took a side job to try and pay my loans off in 12 months so Im not too interested, but they wont stop calling. I just wanted to know if this company is a scam?
Never heard of them but they are likely a document prep company that is going to charge you to fill out simple forms that you don't need if you follow the plan you are already on.
Has anyone heard of Finacial Prep Services ?
I spoke with a company today called Alum financial. They seem to be a legit company and the guy was very nice but I'm worried about it being a scam have you heard of this company? He told me navient is in a lawsuit and that why I'm eligible for forgiveness. I would really love for my loans to be forgave but I'm so scared of all these companies contacting me being scams.
We don't make opinions on third party companies. We recommend that you read this article and make an informed decision before working with a third party company that charges you for assistance, especially given that you can do everything with your Federal loans for free: https://thecollegeinvestor.com/16429/is-your-student-loan-repayment-company-a-scam/
Speaking specifically to the Navient lawsuit, that doesn't involve you or any borrowers. Multiple state attorneys' general and the CFPB are suing Navient over their practices. If/when the case is over, there isn't going to be any forgiveness - just changes to their practices and likely some type of fine. And this will likely take years to resolve.
I'm in a IBRP for 5 years now and am 70. Recently my health took a downward turn and I'm concerned about my daughters responsibility should I die. These were parent plus loans.
Does the IRS send relatives
a 1099-C when the loan is discharged?
Here's what you need to know (it depends on your loan type): https://thecollegeinvestor.com/9675/student-loans-die/