The National Consumer Law Center (NCLC) is warning consumers about "student loan debt relief" companies that are soliciting student loan borrowers. According to the NCLC, these companies often engage in deception, provide consumers with inaccurate information, and cost a lot of money. In many cases, these companies are only telling people about free government repayment programs.
If you have only federal student loans, you may want to investigage your options first, without hiring a company that advertises heavily on the internet, radio, or TV. There are links on this website that lead you to the resources that you need to (1) identify your federal student loans and provide you all the information that you could need about them; and (2) provide you with the various forgiveness and repayment options that are available with federal student loans.
If you have private student loans, the situation is bleaker, and you may want to consult or hire an attorney knowledgeable about student loan issues to help you. Private student loans do not have the same repayment option or forgiveness programs that federal loans have. But they don't have the same collection powers, either.
If you are unable to repay your student loans, want a free consultation about your student loan situation, and are a resident of the greater Houston, Texas metro area, contact our office for an appointment at 713-772-8037. We can provide you with general advice about your student loan situation and for a fee, help you resolve your student loan problems.