Debt Relief – Insolvency – Bankruptcy Information » Student Loan Help » I am being constantly harrassed by Student Loan Consolidation outfits. What is the ripoff or horror of this?
I am being constantly harrassed by Student Loan Consolidation outfits. What is the ripoff or horror of this?
How can a person consolidate their loans clear down cheaper than the federal government originally offers it for? There must be a catch for these companies to make money, right? Are these set up like credit cards, where you have to pay on time everytime and if you miss a payment and try to make up for it by sending extra, they’ll add on their fee and raise your interest to whatever they want to charge? Does it lock up everything you own as well?
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But the legit ones do lower your interest and hence your payments.