Hi, Just joining this site. I was contacted by "Alliance Loan Support", I too am wondering should I continue with them. Their offer sounds too good to be true. They want (4) payments for $248, which would be about a $1000.00. This would only be for paperwork to see if I qualify. I have not paid them anything yet and with me signing the documents can I still cancel everything? I believe i need to research further. Thanks for any input you have.
On your old NSLDS form there was a way to see who owned the loan, but I don't think there is a way currently. I think your best bet is to call your loan servicer and as who the "loan holder" actually is - is it Department of Education (and as such, does it qualify), or is it a private bank or company?
There is no application for IBR. Your payments end at the end of your 25-year term.
Based on what you said here, I'm guessing that you didn't start IBR until less than 25 years ago (maybe about 5-10 years ago), and/or you consolidated your loans somewhere along the line. These events would be the start of your 25-year timeline.