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Before anyone plans to sign a contract with GM Law / Kevin Mason / NLSS please google search 'Kevin Mason Law Scam'.  He is currently being sued by multiple people.  Below is an affidavit of a whistle blower who worked for NLSS.  Very interesting document.

I was able to get out of my contract with them for a full 100% refund but not before Gregory Fishman and Jon Sabia left me very nasty voicemails.

I have personally spoke with Steve Hofer and he's as genuine as it gets.  If you're currently still under contract with these companies, please reach out to him.

https://getoutofdebt.org/wp-content/uploads/2018/08/86-Affidavit-of-Jehenna-Williamson_Ali-v.-Kevis-Mason-P.A.-et-al..pdf
https://getoutofdebt.org/114089/affidavit-gm-law-national-legal-staffing-case-leaves-little-imagination
https://getoutofdebt.org/tag/gregory-fishman

unfortunately all of my loans are private, and im about to default and go into litigation

I fell into a scam with a law firm and they told me to quit paying my loans.  this increased my balance by thousands.  After realizing I was in a scam, I stopped the payment and contacted my lender.  I told them I was only able to pay a certain amount, they came back and said it's not good.  I informed them that my salary will prohibit me from ever being able to pay off the total and I would have to file for bankruptcy.  They set me up on a 10 year interest free plan. 

Finding ways to work with your lender is important.  Do you research on the company and see what others have done in the same situation you're in.

Hi Lauren,

Absolutely.  Contact them immediately and ask for a refund and stop all payments.  Contact your loan servicer and ask them what your options are. Read up on the different options you have.  This site is filled with great information.  You owe it to yourself to do some research on your options before you let a company tell you whats best for you.

Every program the government offers is free to sign up for.  Also, consolidation isn't for everyone.  You can tackle different loans with a higher interest rate if your situation calls for it.   

Hi EA,

I would get out of the contract before you pay anymore money.  Do some research on the company, you owe it to yourself.  If you feel like you need more answers because you're unclear of what is happening I suggest creating a profile and asking this same question on https://www.reddit.com/r/StudentLoans/.  Your situation is a little different than just loan consolidation.  I will say that the financing program they set you up on, you could do for free.  And it won't cost you $600 a year.  Money that you could be putting towards something more beneficial in your life.

Always talk with your loan servicer for better options that can help fit your needs.

[you can pay a private document preparation company to help you better understand your options and help you enroll in the program that is most beneficial to you. We specialize in helping borrowers take advantage of income driven programs and would love to help you assess and improve your situation."]

Hi MCalligan91,

Another doc prep company looking to set you up on a federal payment option that you can do yourself for free.  The hook here is that more than likely they will try to sucker you into a yearly subscription with them. 

What Else Can I Do?
"Because many borrowers who struggle with private student loans also have federal student loans, often the best first step of any strategy to improving your student loan situation is to consolidate your federal student loans to take advantage of the Income Driven Repayment Plans available. You can do this through the Department of Education or your loan servicer yourself, or you can pay a private document preparation company to help you better understand your options and help you enroll in the program that is most beneficial to you. We specialize in helping borrowers take advantage of income driven programs and would love to help you assess and improve your situation."

This is the yearly subscription bait (for the life of the loan).
studentloanag<dot>/document-services/

Document Services
"Once you are enrolled in to an income driven program it is crucial that you maintain your program for the life of the loan in order to receive the federal loan subsidy(loan forgiveness). The problem that consumers face is tracking payments, refiling on time and complying with changes to programs as they occur. Many people enroll only to fall out of the program at which point all of the accumulated interest can be added back to your loan, only taking you deeper in debt.

Education Processing Center offers a transparent solution for this: Loan Servicing. We apply, maintain, reapply and move you to new programs when it is advantageous. We take the tracking, compliance and guess work out of your new program and our objective is to maximize the best program to bring you the lowest or most economical repayment plan possible."

As long as you stay on top of your loans, you will not need this company.  Just make sure when you're doing your taxes for the year to also get in contact with your loan servicer and see if anything has changed and provide your taxes to them. 

Hi Afroguy,

Just from looking at the website Eduloan Servicing looks to be a document prep company.  They will charge you a flat fee to process consolidation / loan repayment plan paperwork that you could otherwise do yourself for free.  If your sibling hasn't yet signed a contract, tell her to stop the process, contact her loan servicer and ask for repayment plan options.  If she is unemployed, chances are that she will not have to pay anything.

I would suggest reading this article for more information. 
https://thecollegeinvestor.com/16429/is-your-student-loan-repayment-company-a-scam/

Have her review this website for different payment plans.  On there is a link to a repayment estimator.  Once she gains employment, she will want to use that to help giver her an idea of the best payment plan for her situation.
https://studentaid.ed.gov/sa/repay-loans/understand/plans

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Here is a lawsuit filed in the state of Florida that I came across.  This lawsuit spells out the entirety of the situation I am currently going through with my law firm.  Please do yourself a favor and read this before  falling into one of these scams.  You owe it to yourself to research everything before letting a telemarketer snag you because you're desperate.

http://myfloridalegal.com/webfiles.nsf/WF/JMAR-AAAMT9/$file/Consumer+Assistance+Pre.+Inj.+Motion.pdf

I have this strange feeling that the Lawyers involved in these 'student loan resolutions' are counting on students quitting their program.  They know they will more than likely buckle when the student loan borrower smells something fishy, their credit scores completely tank, for the ease of mind ect ect and the list goes on.  They just hope they can snag them for 1 year+. The reason why they structure their payment plans at 5 years is probably because they know eventually the student borrower will find a reason to want to leave.  And what does the contract say? You guessed it, NO REFUNDS.  But they do allow you to cancel at any time.  It's almost like a gym membership.  You sign up thinking that you're going to go every day, you don't end up going but you keep paying because 'eventually' you'll go and the cycle repeats itself until you're fed up of paying that bill and want to quit.

I have been in one of these for 16 months and August was my last.  I called my loan company to ask them to send me documentation of what my lawyer said he sent and they sent me the documentation from the previous lawyer (they had me switch lawyers a little ways in).  Sure enough, there weren't any letters from my new lawyer.  Couple that with 'forgetting' to send my credit agencies letters, the fact that there have been several complaints with the attorney state general, the fact that I had to escalate an issue of how my loans were being handled and were not in my terms and conditions (because they don't think the phone reps would explain it correctly) and there you have it folks, a legit scam.  So not only did I lose money in the $1,000's but also my loan principle gained in the $1,000's.  Please read these words and take them to heart.  Find another way and don't let these sharks take you for your money.

Hey G434,

Check your private messages.

~Swami

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David,

Do you plan to answer ANY of the questions?

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