Comments on: Student Loan Forgiveness Scams vs. Legit Programs – How to Tell the Difference https://studentloansherpa.com/scam-legit-student-loan-refinance-relief-forgiveness-2/ Expert Guidance From Personal Experience Fri, 18 Oct 2024 19:15:47 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: Michael P. Lux, Esq. https://studentloansherpa.com/scam-legit-student-loan-refinance-relief-forgiveness-2/comment-page-1/#comment-5767 Tue, 14 Dec 2021 03:00:42 +0000 https://store.eptu0ncx-liquidwebsites.com/?p=5220#comment-5767 In reply to Melva Marsha Powell.

I’m sorry to hear of your troubles. Some of these scams are truly awful.

You might also want to consider filing a complaint with the Consumer Financial Protection Bureau.

It might also be worthwhile to reach out to the Attorney General of your state.

]]> By: Melva Marsha Powell https://studentloansherpa.com/scam-legit-student-loan-refinance-relief-forgiveness-2/comment-page-1/#comment-5765 Mon, 13 Dec 2021 23:59:40 +0000 https://store.eptu0ncx-liquidwebsites.com/?p=5220#comment-5765 A loan relief scammed me in 2017. He used tactics that scammers use to lure a people in to believing they were getting their student loans canceled and the $498.99 fee was worth it. When I began telling him that I went to a for-profit school and that told me lies about transferring my credits to college to get my Nursing Degree and how I never got a job and was not allowed to take the state certification test. He just listened to my tone then jumped in to say I can go back to school in six months to get my degree under the Obama Student Loan Forgiveness Program as part of the agreement. I didn’t agree until months later because I worried about my son who was paralyzed by a hospital six months, and I was grieving the loss of five family members who died within six months. He slowed down from calling twice a week to once a month, until I finally agreed to pay the fee in June 2017. After he collected the payments he stopped calling So I thought my debt was discharged. It took a year before I learned I was scammed and I had a new loan with a company called Navient. Even then I did not realize that he deceived me into consolidating my loan into a new loan with an $84 a day interest rate until I turn 92 years old.
I am trying to get the loan voided because the loan is for a school never attended. The law says the terms of a signed contract is binding and all information must be true. Any information that is false can be subject to fines and possible jail time. Why would I agree to pay for a school I never attended. It is obvious that someone screwed up. I need legal advice to see if I could use the Stop Loan Debt Relief Scam Act signed into law in December 2020. This law makes it is a crime for a person or entity to gain financially or to get access to personal information by deceiving the person the records belong to. To my knowledge the law has not been used yet. I would like to argue that legislation was created in 2016 to allow students to use the Borrower Defense Rule that President Biden used to cancel student loans this year. Hopefully I can do the same under the law that passed last year.

]]>