Consolidating private student loans with federal student loans


22-Dec-2018 03:01

Right now there is over

Right now there is over $1.3 trillion in student loan debt.With billions of dollars being loaned to students each year, there is no doubt that there are scammers trying to get your money that are offering services that they do not follow through on, or have no real idea about.​In fact, the Consumer Finance Protection Bureau (CFPB) has even issued multiple warnings about what to look out for when it comes to getting help with your student loans.Credible is a comparison tool that allows you to fill out one form and see personalized offers from multiple lenders in the space.Going through any lender that Credible selects for you is NOT a scam.Look for wording like “we only get paid once you’ve made your first payment on your new repayment program”.

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Right now there is over $1.3 trillion in student loan debt.

With billions of dollars being loaned to students each year, there is no doubt that there are scammers trying to get your money that are offering services that they do not follow through on, or have no real idea about.​In fact, the Consumer Finance Protection Bureau (CFPB) has even issued multiple warnings about what to look out for when it comes to getting help with your student loans.

Credible is a comparison tool that allows you to fill out one form and see personalized offers from multiple lenders in the space.

Going through any lender that Credible selects for you is NOT a scam.

Look for wording like “we only get paid once you’ve made your first payment on your new repayment program”.

The only company that I have seen in the market do this is Ameritech Financial.

This scam involves a student loan company that tells you they can get you the "best" interest rate and loan terms, but you have to pay a "small" fee up front for this service.

.3 trillion in student loan debt.

With billions of dollars being loaned to students each year, there is no doubt that there are scammers trying to get your money that are offering services that they do not follow through on, or have no real idea about.​In fact, the Consumer Finance Protection Bureau (CFPB) has even issued multiple warnings about what to look out for when it comes to getting help with your student loans.

Credible is a comparison tool that allows you to fill out one form and see personalized offers from multiple lenders in the space.

Going through any lender that Credible selects for you is NOT a scam.

Look for wording like “we only get paid once you’ve made your first payment on your new repayment program”.

The only company that I have seen in the market do this is Ameritech Financial.

This scam involves a student loan company that tells you they can get you the "best" interest rate and loan terms, but you have to pay a "small" fee up front for this service.

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While these programs are free, signing up can be confusing for some people.They use third party accounts and are licensed and bonded in most states.