Do student loan forgiveness programs call you?
As a borrower, you may receive calls that offer to reduce your monthly payment. They may even offer to reduce your overall student loan debt. Some scams falsely warn that student loan forgiveness programs will end soon. If a borrower is behind on his or her payments,there is often a legitimate reason for these calls.
How can I get out of a student loan scam?
Lower or cap your monthly federal student loan payment. Consolidate your federal loans. Determine if you are eligible for loan forgiveness or other programs. Get your loans out of default.
What is the number for student loan forgiveness?
1-855-265-4038
Public Service Loan Forgiveness (PSLF) To benefit from PSLF, you should repay your federal student loans under an income-driven repayment plan. Learn more about PSLF now! If you’re interested in PSLF, contact FedLoan, the PSLF servicer, as soon as possible at 1-855-265-4038.
How do I stop receiving student loan forgiveness?
To avoid telemarketing robocalls and texts, you have the right to add your phone numbers for free to the National Do Not Call Registry, which was created by the FTC. To do that, go to www.donotcall.gov or call 888-382-1222 from the number or numbers you wish to add.
Who do I speak to about student loan forgiveness?
When you are ready to apply, we suggest you use the PSLF Help Tool to start your form. If you still have questions, contact FedLoan Servicing at 1-855-265-4038.
Are these student loan forgiveness programs legit?
There are legitimate government programs, such as Public Service Loan Forgiveness, that can reduce or eliminate federal student loans after a certain amount of time. If you decide to pursue it, begin by submitting a PSLF employment certification form to confirm your employment qualifies.
Is Navient forgiving student loans?
Is Navient student loan forgiveness real? There’s no such thing as a “Navient student loan forgiveness” program, and it’s unlikely that Navient borrowers will get the compensation the CFPB is requesting anytime soon.
Are there any companies that will forgive student loans?
The Scam: A student loan debt company – usually through an online ad or email – will (for a fee) forgive your student loans. The Truth: No student loan debt company will “forgive” your student loans – no matter how much you pay them.
Are there any student loan debt relief companies?
The Federal Trade Commission (FTC) has taken legal action against the following student loan debt relief companies: A1 DocPrep, Inc. If you have already turned over your personal information or paid a student loan debt relief company, consider one or all the following options: Log in and change your FSA ID.
Is it illegal to charge upfront for student loan forgiveness?
Student loan scammers love to charge upfront frees for your student loans. Here’s the thing: it’s illegal for a company to charge you an upfront fee before they perform a service for you. Student loan forgiveness is ripe for student loan scams.
Can a company get rid of your student loans?
No one can promise immediate and total student loan forgiveness or cancellation. A student loan debt relief company may claim to get rid of your loans quickly, but most government forgiveness programs require many years of qualifying payments and/or qualifying employment in certain fields before loans can be forgiven.
