Beware of “Student Loan Forgiveness” Programs

Many companies claim to offer assistance with “student loan forgiveness” to set you up to rip you off! If you see an ad on the internet/social media or receive a phone call, watch for these scam red flags: Be very cautious if they are not the current federal servicer of your student loans. If they

Many companies claim to offer assistance with “student loan forgiveness” to set you up to rip you off!

If you see an ad on the internet/social media or receive a phone call, watch for these scam red flags:

Be very cautious if they are not the current federal servicer of your student loans. If they claim to be with your servicer, be skeptical. It is best to call your servicer directly and you can find those numbers here.
If the person you speak with tries to pressure you into paying up front or uses scare tactics to try and get you to pay by phone, don’t do it. Contact your servicer by phone to get the true status on your account.
If the person you are speaking with requires you to pay any fees to consolidate your loans don’t do it. Your federal student loan servicer does not charge a fee to help you qualify and apply for loan forgiveness.

Our website Champion Empowerment Institute includes student loan troubleshooting for FREE with your subscription while the scammers often ask for thousands of dollars and you never see any loan forgiveness. If you attend a school serviced by Champion College Services we will also assist you for free.

Please, read the Nerd Wallet Student Loan Watch List to review a current list of questionable companies.

Student Loan Q&A with Champion Empowerment

Posted on December 21, 2017April 20, 2023 by

Watch the one hour facebook live video with Champion experts to learn about student loan repayment options and troubleshooting repayment issues. Read the expanded answers to some of the most complicated questions asked by attendees of this event. Read More

The Best Student Loan Consolidation Lenders of 2017

Posted on December 21, 2017December 21, 2017 by

Where do you find reputable student loan consolidators? How do you keep from getting ripped off or scammed? Because we are often asked about loan consolidation, we are please to share the link to the 2017 Guide to the best Student Loan Consolidators published by U.S. News and World Report. Follow this link and enjoy reliable information!

Student Loan Disaster Relief

Posted on September 15, 2017December 21, 2017 by

September 15, 2017 From the Federal Student Aid Office If you are a student or a federal student loan borrower who has been impacted by a federally declared natural disaster, we can help answer your questions. We are committed to assisting students enrolled in college or career school and federal student loan borrowers who

Many companies claim to offer assistance with “student loan forgiveness” to set you up to rip you off!

If you see an ad on the internet/social media or receive a phone call, watch for these scam red flags:

Be very cautious if they are not the current federal servicer of your student loans. If they claim to be with your servicer, be skeptical. It is best to call your servicer directly and you can find those numbers here.

If the person you speak with tries to pressure you into paying up front or uses scare tactics to try and get you to pay by phone, don’t do it. Contact your servicer by phone to get the true status on your account.

If the person you are speaking with requires you to pay any fees to consolidate your loans don’t do it. Your federal student loan servicer does not charge a fee to help you qualify and apply for loan forgiveness.

Please, read the Nerd Wallet Student Loan Watch List to review a current list of questionable companies.