If you’re among the millions of current or former students with debt, you’ve probably been tempted to click on an ad that says, “Obama Wants to Forgive Your Student Loans!” or “Erase Default Statuses in 4 – 6 Weeks!” or some equally enticing student loan debt relief offer … available only if you click or call NOW!
Many the companies behind these offers have sophisticated marketing tactics to target unsuspecting students, borrowers, parents, military service members, and their families. In the Financial Aid Office, unfortunately I hear about these pitches a lot. My advice: Before you pay somebody to help you with your student loans, do your homework.
It’s tempting to just say: Don’t do it. Walk away. Call your loan servicer instead. But there’s more you should know. Continue reading