8 Ways to Avoid Losing 1000s on Your Student Loans

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4. Watch Our for Upfront Fees

8 Ways to Avoid Losing 1000s on Your Student Loans

When talking about federal student loan consolidation, the Student Loan Ombudsman of the U.S. Consumer Financial Protection Bureau, Rohita Chopra, said, “It can be a sign of a scam when a debt relief company requires you to pay a fee up-front or tries to make you sign a contract on the spot…

Avoid companies that require payment before they actually do anything, especially if they try to get your credit card number or bank account information.”

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