#nelnet student loan scams

[lostlegendaerie]

Fuck it! US Private Student Loans Guide!

DISCLAIMER: while I have worked in private loans specifically for five+ years, this isn't ‘financial’ advice and is just a heavily summarized guide on how to navigate them. Yes, these loans suck, but complain to your legislators not me. I’m just trying to help you know what you’re doing. Additional info for each section is under the cut!

1) Who are you and who are all the companies constantly running around with my money?

I work in loan SERVICING, which is basically the billing department. If you’ve got a new company asking you for money, it's probably a new servicer and your debt is still owned by the bank. We enforce the terms in the promissory note, the document you sign telling the bank “yeah I'll play by your rules if you give me the money.” If your loan defaults, you’ll get contacted by a third (fourth?) party, but how that works is beyond my wheelhouse. The bank or your servicer should be able to confirm what happens in case of default.

2) What am I looking for in a ‘good’ loan?

Generally, you’re going to want SIMPLE instead of compound interest, a FIXED RATE opposed to a variable one, and you’ll want to go for FULL DEFERMENT while in school and make manual payments when you can. Also ask up front about stuff like if disability forgiveness or co-signer release (getting your parents off it) is offered.

3) This loan sucks! How do I make it better?

Student loans are NOTORIOUSLY hard to get out of, unfortunately. If the interest rate/payment relief options suck, you can try to REFINANCE where you take out a new loan to pay off the old one. This gives you a new promissory note, interest rate, and terms/conditions. If you’re trying to erase the debt entirely, ask for the promissory note (if they can't provide a copy, we have to forgive the debt. I've only seen this happen ONCE.) or try to go through social security disability.

DO NOT USE FREEDOM DEBT RELIEF OR OTHER SERVICES. DO NOT. THEY ARE SCAMS.

More in depth information for each point!

1) Lenders and Servicers

The lender is the person who provides the funds in the debt - the bank who pays the school or the hospital or the home contractor fixing your sink. The servicer is the company that is your point of contact when you need to make payments, ask for payment relief, or otherwise manage the loan that exists. Think of us as the mechanic (we keep the car running) where the bank is the manufacturer (they make the car). Some different servicers are SoFi, Zuntafi, Great Lakes, Nelnet and Firstmark Services; their names will be on the billing statements. Some different banks are Citizens, US Bank, NorthStar; their names will be on the promissory note and the disclosures.

Sometimes banks do sell the debt, however! A couple years ago Wells Fargo sold an enormous chunk of their loans off somewhere (an investment group, maybe?) but! The promissory note will still be the EXACT same if your debt gets sold. You’ll only get a new promissory note if you refinance the loan yourself.

2a) Interest Accrual and Rates

Interest is how banks profit off the loans they give out and/or ‘ensure they don't end up with a loss if the loan defaults’. (It's profit.) Most, but not all, loans calculate interest with the simple daily interest formula, shown below:

[(Current loan balance) x (interest rate)] divided by 365

If your loan’s balance is $10,000 and your interest rate is 6% you’ll be charged $1.64 each day. SIMPLE INTEREST means that this interest just kind of floats around on the account until a payment comes in and pays it off, where COMPOUND adds that interest to the balance at the end of the month/day/whatever. Compound charges you more over the life of the loan.

FIXED INTEREST is a set percent that doesn't change, where VARIABLE will change usually based on whatever the economy is doing. There’s a minimum and maximum value to the variable interest rates, so if you’re doing a variable ASK WHAT THE MINS AND MAXES ARE. A fixed rate might be 8% and a variable might be 3.25% the day you take it out, but that variable could have a maximum interest rate of 25% so be VERY, VERY CAREFUL. If you get stuck in a real bad variable interest rate, your best solution is probably a refinance.

2b) Deferment and Payment Allocation

So interest is gonna be accruing on your loan from the day the money leaves the bank. Sucks. And you may not be able to make payments while you're in school, so opting to DEFER your payments will stop them from billing you so you can skip a month or whatever without penalty. At the END of that deferment, though, whatever interest that accrued will be added to your current balance. If we use the example from above (10k loan with 1.64 daily interest) four years of school will add $2,400 to your balance and then your daily interest will jump up to $2.03 a day.

Solution? Make payments of what you can while you’re in school to chip away at that floating interest. Usually when you make a payment, it’s gonna go towards the interest first and then the rest drops the balance. (E.g. if you make a $20.00 payment ten days after your loan is disbursed, $16.40 will go towards interest and $3.60 towards your 10k balance). There is NO PENALTY for making extra payments or making early payments, but it might make your bills look a little weird if you’re being billed each month for just the interest.

3) Why are these loans so horrible? Can’t I find anything to help me?

Blame Reagan and the republicans who enabled him.

No, but really. The problem with these loans is that those promissory notes are VERY legally binding and have lots of fine print in there designed to make it as hard as possible for someone to skimp out on their debt without having their credit score decimated. Some lenders might even dip into your paychecks if you're crazy behind or default; again, that's not my wheelhouse and I've only maybe seen that once. Your best bet is just to pay it off as fast as possible (again, no penalty for paying the loan off early) or refinance into better terms.

And I get it. I really do. I hate how we’ve made so many incredibly important things in our society locked behind a paywall that charges poor people more to climb than the rich. But if you’ve made it this far, please don't turn your anger at me for not giving you the answers you want. The best I can do is vote for people who are willing to crack down on predatory lending, keep fighting for student loan forgiveness… and at my own job, make sure that my coworkers aren't making mistakes.

If you have a more specific question, I can try to answer as best I can without breaking any information privacy laws. And take care, okay? You are never fighting alone.

[meredithwbahuriak]

16 days = student loan interest resumes

99 days = since Nelnet updated loan

$600 = missing money $$$

10 years = payments to date

12.3 years = remaining payments

Borrowers won't pay or FAFSA scams and student loan providers aren't prepared?

Stop blaming the borrowers!

[gift-and-tips]

latest Student Loan Forgiveness Scams to Avoid 2022 | #giftandtips.com

Student loan consolidation scam, Student loan debt elimination scam, Advance fees scam, Lawsuit scam, Student loan forgiveness scams, student loan and savings company reviews, student loan forgiveness program, student loan forgiveness organizations, student loan forgiveness 2022, national student loan center, student loan support phone call, Understudy loan pardoning tricks have been an issue…

[theblackmillennial]

I'm still being charged interest on my student loans. I called up my student loan service provider and they said that they learned of the order to pause all interest as it was being announced to the public. So they are 'waiting for direction on how to proceed'. They are unsure as to if my loan balance will be back dated to the day that it was announced that they were ordered to be paused.

Long story short, they're gonna keep charging me interest until they figure out what's in their best interest. I hate capitalism.

[unicorn--prince]

Psa about student loans and scams

Hey so a new phone scam is going around where some automated person is saying you're qualified for a new forgiveness option and if you have defaulted loans it can forgive them

As someone who worked at the student loan servicer Nelnet for 2.5 years I know this is a scam (also because I don't have student loans. So there wouldn't be any to be forgiven).

If you need to know your options for forgiveness and lower payments call your student loan servicer. If it is not a private loan it will either be: Nelnet, Navient, Fed loan servicing, or Great Lakes.

And any legit application these calls say they can help you fill out for a low low price of money, your servicer (being contracted through department of education) can help you fill out that same application for free.

[financingideas-blog]

5 Useful Features of Nelnet Student Loans

New Post has been published on https://financeqia.com/awesome/5-useful-features-of-nelnet-student-loans/

5 Useful Features of Nelnet Student Loans

Nelnet is one of the biggest names in the student loan industry, especially since 2018 when it acquired another major loan servicer, Great Pond Educational Loan Service. The combined company now reportedly manages federal loans for about 5 million people, or 1.5% of the entire U.S. population.

If you’ve found that Nelnet is also your federal student loan servicer, then it’s worth taking a moment to learn about some of the options you have as you tackle repayment. Read on for the full rundown.

Nelnet student loans: The basics 5 Nelnet features you should know about Nelnet FAQs Nelnet student loans: bottom line

Nelnet student loans: the basics

If you’re just beginning to navigate the student loan industry or trying to get a handle on your indebtednes, it’s helpful to understand how that indebtednes is managed. Student loan borrowers collectively owe more than $ 1.5 trillion in student indebtednes, and the Department of Education works with nine fiscal companies to service that debt. Nelnet is one of those firms.

As a loan servicer, Nelnet administers the debt by processing pays, producing statements and communicating with borrowers. Nelnet provides these services on behalf of third-party lenders, and the committee is also extends( or “owns”) some student indebtednes itself, as some lenders have sold their student loans to Nelnet.

5 Nelnet features you should know about

If Nelnet is your loan servicer, you might already be aware that you can view and manage your account on Nelnet’s website and mobile app. You can also, of course, communicate with the company via phone, online chat and email.

But here are five other things you might not know you can do with your Nelnet student loans.

1. Pay by group

One nice feature about Nelnet is that it’s easy to pay your loans by group. For example, you can opt to pay off your highest-interest loans first if you’re pursuing the debt avalanche strategy for repayment.

If you’ve had trouble figuring out how your pays are distributed, you’ll be happy to find that the process is relatively easy with Nelnet.

If you want to pay extra on a specific group of loans :P TAGEND

Go to the “Home” page and select the “Make a Payment” tab. Then go to “Pay Now, ” and under “Select Payment Option, ” choice “Pay By Group.” Click on the left-handed arrow to expand the box in order to display all of your loans.

You can then sort your loans by interest rates, balance or due date. On the right-hand side, you can divvy up your payments and start putting more toward certain loans, based on your payoff strategy.( Though don’t forget to pay at least the minimum on all your loans .)

2. Autopay or text alerts to avoid late payments

Do you find it difficult to remember when your loan pays are due? One route to ensure you always construct on-time pays is by signing up for autopay. Not merely will this keep you on track, but — just like with many other servicers and lenders — using autopay could lower your interest rate by 0.25%.

If you’re not comfy with set-it-and-forget-it automatic pays, however, Nelnet offers text message reminders of when payments are due .. You can also get alerts when your loan pay is past due, when you have a new statement ready for viewing or if your loan status has changed.

To sign up for this, go to “My Info and Preferences” and then find “Text Alerts” on the far right corner. Input your information and save the changes. You will need to confirm via text message that you did sign up for this service.

Nelnet offers a range of convenient ways to access your information and pay your bills, including their mobile app, online bill pay and via phone — though you can still send in pays by mail if you prefer.

3. Get help becoming’ financially fit’

Not merely can you manage your student loan payments on Nelnet’s website, but you can also learn a bit about personal finance.

On the Nelnet homepage, there’s a Get Financially Fit section where you can learn about building and maintaining credit, avoiding identity theft and the basics of personal finance and budgeting.

If you need assistance or have questions, you can contact Nelnet account experts via online chat, by phone at 1-888-486-4722 or email. Nelnet’s Facebook and Twitter pages also have helpful tips for managing both your student loans and improving your financial health.

4. Apply for deferment or forbearance

If you’re having trouble make payments on your federal student loans, you can apply for deferment or forbearance through the Nelnet site. These options allow you to postpone your loan repayment for certain situations, ranging from job loss and other hardships to going back to school or serving in the military.

The eligibility requirements and words vary, but deferment alternatives may include unemployment deferment, working mom deferment, parental leave deferment and domestic volunteer deferment. Note, however, that your loans will continue to accrue interest, even as you pause repayment.

To find out if you qualify for deferment or forbearance, you can get started by logging into your account and clicking” Postpone My Payment” to apply. You can also call Nelnet at 1-888-486-4722 for more information..

5. Print your taxation info

A common misstep people attain is not deducting student loan interest on their taxes. You can deduct up to $ 2,500 in student loan interest on your taxes per year that you are repaying your student loans.

But where do you even get that paperwork? Using Nelnet, you can find the information in your “Message Center” under “Print My Tax Info .”

You can then print out IRS form 1098 -E, which shows how much you paid in student loan interest. If you paid more than $2,500, however, you can still merely deduct up to $2,500.

Nelnet FAQs

Finally, here are some frequently asked questions about Nelnet and its loan-servicing operations.

Is Nelnet good for student loans?

As one of the largest student loan servicers in the industry, Nelnet definitely gets its share of complaints registered with the Consumer Finance Protection Bureau. And like many other servicers, Nelnet has also been the subject of borrower lawsuits, including loan forgiveness.

That said, however, Nelnet enjoys a better reputation than some competitor servicers.

And while we’re on the subject , note that the servicers aren’t the only source of trouble for borrowers — student loan scams are a constant danger for anyone with school debt. Be wary about anything that voices too good to be true, and if you receive a suspicious offer, file a complaint online or by call 1-855- 411 -2 372. You can also contact the office of your state’s attorney general.

Can Nelnet student loans be forgiven?

As a loan servicer, Nelnet administers loans of lenders, and therefore it isn’t able to forgive your loans. However, under government guidelines, some borrowers may qualify for federal student loan forgiveness, such as working for the government or a nonprofit. Check out some of your forgiveness options here.

Does Nelnet consolidate student loans?

The Department of Education lets borrowers to consolidate multiple federal student loans into one loan via the direct consolidation loan program and prefer their servicer. Nelnet doesn’t consolidate your loans per se, but it is one of the eligible servicers that can administer your newly consolidated loan.

Is Nelnet a direct student loan program?

As described above, Nelnet offers several different types of service: It loans money immediately to students and acts as the servicer for those accounts, services some federal loans from the Department of Education and it also provides customer services for third-party lenders. In some instances, lenders have sold their outstanding loans to Nelnet, and in which case the company both owns and services those accounts.

Nelnet student loans: bottom line

As you work to manage your finances and juggle your student loan payments, it’s helpful to have a strong student loan servicer in your corner. Nelnet offers the latest in online, mobile, text and phone customer service to support its borrowers; its website offers resources and information to better manage debt and improve your personal finances.

At the same time, the complaints referenced in this article show that Nelnet, like other servicers, isn’t perfect, so be sure to speak up if you think they’ve fell the ball.

Alli Romano contributed to this report.

The post 5 Useful Features of Nelnet Student Loans appeared first on Student Loan Hero.

Read more: studentloanhero.com

[greatlakesloanworld]

Greatlakes Borrowing Login – If you are searching for why to login into the mygreatlakes.org, here is the useful content we have created for you. So, that you don’t need to worry about it.

Greatlakes Borrowing Login | Greatlakes Borrowing Service Login – https://ift.tt/2ideHDe

So, what you exactly need apart from Computer and Internet?

Well nothing else, if you are already registered, which I hope you are! because you are searching for a way to log in.

But if still, you are not a member of MyGreatlakes.org – Here is the naked URL for you-you just need to copy the URL and paste it on your browser and do the further process to become a member of mygreatlakes.org

https://ift.tt/2o9hc8J

But,

Before you start doing anything, here is the simple introduction of MyGreatlakes Borrowing Login.

About MyGreatLakes.org

MyGreatLakes.org is the affiliate program for a group of companies.

So, what exactly they do? they simply help students to complete their college degree and for the same, they charge repayment for 50 years.

Government Loan Borrowers

Nelnet’s securing of GLELSI has no effect on borrowers’ reimbursement or support. Incredible Lakes adjusted borrowers will keep on accessing accounts, oversee installments, and contact Great Lakes by means of mygreatlakes.org.

Schools and Business Partners

Extraordinary Lakes’ clients can keep on accessing instruments and administrations by means of our Financial Aid Professionals and Business Partners entryways, and also depend on their current delegates and bolster channels.

We anticipate discussing specifically with you in the coming a very long time about energizing improvements and arranged changes identified with GLELSI’s incorporation with Nelnet.

Our Work as a Federal Guarantor

Incredible Lakes keeps on holding $80 billion in ensured understudy credits.

Instruction Philanthropy

Incredible Lakes’ magnanimous ventures are not part of the Nelnet exchange. All present magnanimous subsidizing understandings stay in the constraint. Take in more about our generosity.

So, here is the step by step guide on how to login into the mygreatlakes.org

Go to the the official website’s login page – https://mygreatlakes.org/educate/login.html

Now you need to enter the required information. That’s it!

I hope you liked the content. Do share it with your friends.

The post Greatlakes Borrowing Login, Service Login – https://mygreatlakes.org appeared first on MyGreatLakes.Org | The Great Lakes Student Loans Scam.

[heliosfinance]

The 34 Student Loan Debt Collectors And How To Contact Them

What happens when your student loans go into default? If you’ve ever wondered what really happens when you default on your student loans, the answer is not so simple.

College grads are carrying anywhere from hundreds to hundreds of thousands of dollars in student loan debt.

While it’s not good to ignore your student loan payments, there may be some circumstances where you can’t make payments on time or end up missing payments altogether.

This will most likely result in a serious situation called student loan default.

And if your student loans go into default, your loans will be transferred from your student loan servicer to a third-party debt collection company. And this can be strange to many borrowers. You might have spent years dealing with a company like Fedloan or Nelnet, then suddenly you're receiving a call from a company named Educational Credit Management and you're very confused. Is it a scam? What's going on?

Here's what you need to know about dealing with student loan debt collectors, including the full list of all debt collection agencies that work on behalf of the Department of Education so that you can be sure you're not going to be scammed.

Repercussions Of Defaulting On Your Student Loan Debt

check

Low credit score after poor payment history is reported. Higher interest rates if you need to take out other loans based on your new low credit score

check

Fees from the collections agency

check

Potential wage garnishment

check

Legal action - if your student loan company or the government files a lawsuit against you

If you do find yourself in default on your student loans, you'll need to communicate with the collections agency that has been assigned to your debt. You'll have a couple of options, including student loan rehabilitation, setting up a repayment plan with them, or potentially even settling the debt.

Once your loans are transferred to a student loan debt collector, you'll need to use a new portal to access your loans. You can see your loan information here: http://ift.tt/2gZuCUC

There are over 30 different student loan collections agencies, many with names you're not going to be familiar with. If one of them reaches out to you, you need to take it serious.

Below is a list of common student loan collection agencies along with their contact information if you need to reach out to them.

Debt Collection Laws Protect You

Remember, these companies are third party debt collectors, and there are laws that limit what they can and can't do. The Fair Debt Collection Practices Act (FDCPA) is a federal law that provides limitations on what debt collectors can do when collecting certain types of debt. The federal Fair Credit Reporting Act covers how debt collection is reported in credit reports. In addition, there are state laws that provide protections.

These companies may NOT:​

Contact you before 8am or after 9pm. Also if a debt collector knows that you're not allowed to receive the debt collector’s communications at work, then the debt collector is not allowed to contact you there.

The debt collector may not harass you or anyone else in regards to the debt.

If you tell the debt collector to stop contacting you in writing, they must stop contacting you except to take legally allowed actions against you, such as filing a lawsuit (if this happens, you need to get a student loan lawyer ASAP).

If you are contacted by a debt collector for your student loan debt, they are required to tell you the following information about your debt:

The name of the creditor (this will be your student loan servicer and should sound familiar)

The amount owed (remember, this amount may be much larger than your original debt amount due to accrued interest and fees from being in default)

That you can dispute the debt

That you can request the name of the original creditor, if different than the current one

Student Loan Debt Collection Agencies

Here is the full current list of student loan debt collection agencies. These companies do change from time to time, and we strive to keep this information as current as possible.

Quick Navigation

1. Account Control Technology, Inc

2. Action Financial Services LLC.

3. American Student Assistance Corp

4. Bass & Associates

5. Central Research, Inc.

6. Coast Professional, Inc.

7. Collection Technology, Inc.

8. Collecto, Inc. dba Collection Company of America

9. Con Serve

10. Credit Adjustments

11. Debt Management and Collections System

12. Delta Management Associates, Inc.

13. ECSI Federal Perkins Servicer

14. Educational Credit Management CORP

15. Enterprise Recovery Systems, Inc.

16. Financial Asset Management Systems, Inc.

17. Florida Department of Education OSFA

18. FMS Investment Corp

19. GC Services

20. General Revenue Services (USA Funds)

21. Immediate Credit Recovery Inc.

22. Michigan Guaranty Agency

23. National Recoveries

24. National Credit Services

25. New York Higher Education Loan Program (NYHELP)

26. Pennsylvania Higher Education Assistance Agency

27. Pioneer Credit Recovery, Inc.

28. Premiere Credit of North America, LLC

29. Progressive Financial

30. The CBE Group, Inc.

31. U.S. Department of Treasury Debt Management Services

32. Van Ru Credit Corporation

33. West Asset Management, Inc.

34. Windham Professionals, Inc.

1. Account Control Technology, Inc

P.O. Box 8012

Canoga Park, CA 91309

(888) 830-7770

http://ift.tt/1nc1Ax1

2. Action Financial Services LLC.

2055 Cardinal Ave

Medford, Oregon 97504

888-253-4239

http://ift.tt/2gZuJzw

3. American Student Assistance Corp

4. Bass & Associates

Student Loan Department

P.O. Box 66080

Tucson, AZ 85728

(855) 533-1107

http://ift.tt/2h2p6R4

5. Central Research, Inc.

122 N. Bloomington, Suite I

Lowell, AR 72745

(479) 419-5456

http://ift.tt/2h2p7o6

6. Coast Professional, Inc.

P.O. Box 2876

West Monroe, LA 71294

(888) 815-2843

http://ift.tt/2gZuLHE

7. Collection Technology, Inc.

P.O. Box 2300

Rancho Cucamonga, CA 91729

(800) 743-4284

http://ift.tt/2h2p8IG

8. Collecto, Inc. dba Collection Company of America

PO Box 329

Norwell, MA 02061

(877) 395-5997

www.eos-cca.com

9. Con Serve

200 CrossKeys Office Park

Fairport, NY 14450

(800) 724-7500

http://ift.tt/23O0CZv

10. Credit Adjustments

330 Florence St.

Defiance, OH 43512

(800) 544-6359

http://ift.tt/2gZuPXU

11. Debt Management and Collections System

PO Box 5609

Greenville, TX 75403-5609

National Payment Center

PO Box 105028

Atlanta, GA 30348-5028

(800) 621-3115

www.myeddebt.ed.gov/

12. Delta Management Associates, Inc.

P.O. Box 9242

Chelsea, MA 02150-9242

(855) 282-5983

http://ift.tt/2gJljEc

13. ECSI Federal Perkins Servicer

100 Global View Drive Suite 800

Warrendale, PA 15086

(888) 549-3274

www.ecsi.net/

14. Educational Credit Management CORP

PO Box 16408

St. Paul, MN 55116-0408

(855) 810-4922

www.ecmc.org/

15. Enterprise Recovery Systems, Inc.

(800) 377-1904

www.ersinc.com/

16. Financial Asset Management Systems, Inc.

(800) 399-4639

http://ift.tt/2gZuRPw

17. Florida Department of Education OSFA

Local Metro Area

Tallahassee, Fl

850-410-5200

http://ift.tt/Ytpve3

18. FMS Investment Corp

19. GC Services

6330 Gulfton

Houston, TX 77081

(800) 756-6524

www.gcserv.com/

20. General Revenue Services (USA Funds)

4660 Duke Drive

Suite 300

Mason, OH 45040-8466

Phone: (800) 234-1472

http://ift.tt/2xYvWKo

21. Immediate Credit Recovery Inc.

6 Neptune Road

Suite 110

Poughkeepsie, New York 12601

(800) 234-4271

(855) 889-3111

www.icrcollect.com

22. Michigan Guaranty Agency

P.O Box 30462

Lansing, MI 48909-7962

888-643-7521

www.michigan.gov

23. National Recoveries

P.O. BOX 120666

ST. PAUL, MN 55112

888-4-GRANTS

http://ift.tt/1uUrIvp

24. National Credit Services

PO Box 580

Bothell, WA 98041-0580

(800) 324-7564

www.ncscollect.com

25. New York Higher Education Loan Program (NYHELP)

​​99 Washington Avenue

Albany, New York 12255

(800) 888-0741

www.hesc.ny.gov

26. Pennsylvania Higher Education Assistance Agency

Pennsylvania State Grant Program

P.O. Box 8157

Harrisburg, PA 17105-8157

(800) 692-7392

www.pheaa.org

27. Pioneer Credit Recovery, Inc.

26 Edward St.

Arcade, NY 14009

(585) 492-1234

http://ift.tt/2h1JXnq

28. Premiere Credit of North America, LLC

PO Box 19309

Indianapolis, IN 46219

866-808-7118

http://ift.tt/2xYBZPh

29. Progressive Financial

30. The CBE Group, Inc.

31. U.S. Department of Treasury Debt Management Services

(855) 837-2985

http://ift.tt/1pf58ky

32. Van Ru Credit Corporation

P.O. Box 2751

Des Plaines, Illinois 60017

(800) 468-2678

www.vanru.com

33. West Asset Management, Inc.

171 Mercy Rd., Omaha, NE 68106

(402) 391-5285

(800) 397-7243

http://ift.tt/1aXlDsi

34. Windham Professionals, Inc.

380 Main Street

Salem, NH 03079

(800) 969-0059

www.windhampros.com

Avoiding Student Loan Default

Of course, the easiest way to steer clear of having to deal with any of these companies is to avoid student loan default altogether. Make sure you understand what type of loans you have and commit to making your payments on time. 

Also, seek out student loan debt relief options like refinancing, deferment or forbearance, and even student loan forgiveness. 

Student loan forgiveness is not a quick fix and you'll still have to pay on your student loans but it's wise to see if you qualify if you hold federal student loans.

Ameritech Financial is a document preparation company that provides federal student loan borrowers lower their monthly student loan payments, see if they qualify for forgiveness, and more. If you want help, we recommend Ameritech Financial, a company I’ve personally vetted. They can help you navigate the student loan terrain and help you systematically apply for the programs offered by the Department of Education. If you’re not sure about doing it yourself, then Ameritech can help you find the repayment solution that’s right for you, and potentially restructure your loans so that you can qualify for programs you may not otherwise have qualified for. You can call them at 1-866-863-3870 or check out their website here.

Continue The Conversation

Want to learn more about paying off your student loans and dealing with default? Check out our advice for dealing with student loan debt when you're unemployed or have a low budget. 

​How are you planning to stay on top of your student loan payments?

The post The 34 Student Loan Debt Collectors And How To Contact Them appeared first on The College Investor.

The 34 Student Loan Debt Collectors And How To Contact Them published first on http://ift.tt/2ljLF4B

[heliosfinance]

The 34 Student Loan Debt Collectors And How To Contact Them

What happens when your student loans go into default? If you’ve ever wondered what really happens when you default on your student loans, the answer is not so simple.

College grads are carrying anywhere from hundreds to hundreds of thousands of dollars in student loan debt.

While it’s not good to ignore your student loan payments, there may be some circumstances where you can’t make payments on time or end up missing payments altogether.

This will most likely result in a serious situation called student loan default.

And if your student loans go into default, your loans will be transferred from your student loan servicer to a third-party debt collection company. And this can be strange to many borrowers. You might have spent years dealing with a company like Fedloan or Nelnet, then suddenly you're receiving a call from a company named Educational Credit Management and you're very confused. Is it a scam? What's going on?

Here's what you need to know about dealing with student loan debt collectors, including the full list of all debt collection agencies that work on behalf of the Department of Education so that you can be sure you're not going to be scammed.

Repercussions Of Defaulting On Your Student Loan Debt

check

Low credit score after poor payment history is reported. Higher interest rates if you need to take out other loans based on your new low credit score

check

Fees from the collections agency

check

Potential wage garnishment

check

Legal action - if your student loan company or the government files a lawsuit against you

If you do find yourself in default on your student loans, you'll need to communicate with the collections agency that has been assigned to your debt. You'll have a couple of options, including student loan rehabilitation, setting up a repayment plan with them, or potentially even settling the debt.

Once your loans are transferred to a student loan debt collector, you'll need to use a new portal to access your loans. You can see your loan information here: http://ift.tt/2gZuCUC

There are over 30 different student loan collections agencies, many with names you're not going to be familiar with. If one of them reaches out to you, you need to take it serious.

Below is a list of common student loan collection agencies along with their contact information if you need to reach out to them.

Debt Collection Laws Protect You

Remember, these companies are third party debt collectors, and there are laws that limit what they can and can't do. The Fair Debt Collection Practices Act (FDCPA) is a federal law that provides limitations on what debt collectors can do when collecting certain types of debt. The federal Fair Credit Reporting Act covers how debt collection is reported in credit reports. In addition, there are state laws that provide protections.

These companies may NOT:​

Contact you before 8am or after 9pm. Also if a debt collector knows that you're not allowed to receive the debt collector’s communications at work, then the debt collector is not allowed to contact you there.

The debt collector may not harass you or anyone else in regards to the debt.

If you tell the debt collector to stop contacting you in writing, they must stop contacting you except to take legally allowed actions against you, such as filing a lawsuit (if this happens, you need to get a student loan lawyer ASAP).

If you are contacted by a debt collector for your student loan debt, they are required to tell you the following information about your debt:

The name of the creditor (this will be your student loan servicer and should sound familiar)

The amount owed (remember, this amount may be much larger than your original debt amount due to accrued interest and fees from being in default)

That you can dispute the debt

That you can request the name of the original creditor, if different than the current one

Student Loan Debt Collection Agencies

Here is the full current list of student loan debt collection agencies. These companies do change from time to time, and we strive to keep this information as current as possible.

Quick Navigation

1. Account Control Technology, Inc

2. Action Financial Services LLC.

3. American Student Assistance Corp

4. Bass & Associates

5. Central Research, Inc.

6. Coast Professional, Inc.

7. Collection Technology, Inc.

8. Collecto, Inc. dba Collection Company of America

9. Con Serve

10. Credit Adjustments

11. Debt Management and Collections System

12. Delta Management Associates, Inc.

13. ECSI Federal Perkins Servicer

14. Educational Credit Management CORP

15. Enterprise Recovery Systems, Inc.

16. Financial Asset Management Systems, Inc.

17. Florida Department of Education OSFA

18. FMS Investment Corp

19. GC Services

20. General Revenue Services (USA Funds)

21. Immediate Credit Recovery Inc.

22. Michigan Guaranty Agency

23. National Recoveries

24. National Credit Services

25. New York Higher Education Loan Program (NYHELP)

26. Pennsylvania Higher Education Assistance Agency

27. Pioneer Credit Recovery, Inc.

28. Premiere Credit of North America, LLC

29. Progressive Financial

30. The CBE Group, Inc.

31. U.S. Department of Treasury Debt Management Services

32. Van Ru Credit Corporation

33. West Asset Management, Inc.

34. Windham Professionals, Inc.

1. Account Control Technology, Inc

P.O. Box 8012

Canoga Park, CA 91309

(888) 830-7770

http://ift.tt/1nc1Ax1

2. Action Financial Services LLC.

2055 Cardinal Ave

Medford, Oregon 97504

888-253-4239

http://ift.tt/2gZuJzw

3. American Student Assistance Corp

4. Bass & Associates

Student Loan Department

P.O. Box 66080

Tucson, AZ 85728

(855) 533-1107

http://ift.tt/2h2p6R4

5. Central Research, Inc.

122 N. Bloomington, Suite I

Lowell, AR 72745

(479) 419-5456

http://ift.tt/2h2p7o6

6. Coast Professional, Inc.

P.O. Box 2876

West Monroe, LA 71294

(888) 815-2843

http://ift.tt/2gZuLHE

7. Collection Technology, Inc.

P.O. Box 2300

Rancho Cucamonga, CA 91729

(800) 743-4284

http://ift.tt/2h2p8IG

8. Collecto, Inc. dba Collection Company of America

PO Box 329

Norwell, MA 02061

(877) 395-5997

www.eos-cca.com

9. Con Serve

200 CrossKeys Office Park

Fairport, NY 14450

(800) 724-7500

http://ift.tt/23O0CZv

10. Credit Adjustments

330 Florence St.

Defiance, OH 43512

(800) 544-6359

http://ift.tt/2gZuPXU

11. Debt Management and Collections System

PO Box 5609

Greenville, TX 75403-5609

National Payment Center

PO Box 105028

Atlanta, GA 30348-5028

(800) 621-3115

www.myeddebt.ed.gov/

12. Delta Management Associates, Inc.

P.O. Box 9242

Chelsea, MA 02150-9242

(855) 282-5983

http://ift.tt/2gJljEc

13. ECSI Federal Perkins Servicer

100 Global View Drive Suite 800

Warrendale, PA 15086

(888) 549-3274

www.ecsi.net/

14. Educational Credit Management CORP

PO Box 16408

St. Paul, MN 55116-0408

(855) 810-4922

www.ecmc.org/

15. Enterprise Recovery Systems, Inc.

(800) 377-1904

www.ersinc.com/

16. Financial Asset Management Systems, Inc.

(800) 399-4639

http://ift.tt/2gZuRPw

17. Florida Department of Education OSFA

Local Metro Area

Tallahassee, Fl

850-410-5200

http://ift.tt/Ytpve3

18. FMS Investment Corp

19. GC Services

6330 Gulfton

Houston, TX 77081

(800) 756-6524

www.gcserv.com/

20. General Revenue Services (USA Funds)

4660 Duke Drive

Suite 300

Mason, OH 45040-8466

Phone: (800) 234-1472

http://ift.tt/2xYvWKo

21. Immediate Credit Recovery Inc.

6 Neptune Road

Suite 110

Poughkeepsie, New York 12601

(800) 234-4271

(855) 889-3111

www.icrcollect.com

22. Michigan Guaranty Agency

P.O Box 30462

Lansing, MI 48909-7962

888-643-7521

www.michigan.gov

23. National Recoveries

P.O. BOX 120666

ST. PAUL, MN 55112

888-4-GRANTS

http://ift.tt/1uUrIvp

24. National Credit Services

PO Box 580

Bothell, WA 98041-0580

(800) 324-7564

www.ncscollect.com

25. New York Higher Education Loan Program (NYHELP)

​​99 Washington Avenue

Albany, New York 12255

(800) 888-0741

www.hesc.ny.gov

26. Pennsylvania Higher Education Assistance Agency

Pennsylvania State Grant Program

P.O. Box 8157

Harrisburg, PA 17105-8157

(800) 692-7392

www.pheaa.org

27. Pioneer Credit Recovery, Inc.

26 Edward St.

Arcade, NY 14009

(585) 492-1234

http://ift.tt/2h1JXnq

28. Premiere Credit of North America, LLC

PO Box 19309

Indianapolis, IN 46219

866-808-7118

http://ift.tt/2xYBZPh

29. Progressive Financial

30. The CBE Group, Inc.

31. U.S. Department of Treasury Debt Management Services

(855) 837-2985

http://ift.tt/1pf58ky

32. Van Ru Credit Corporation

P.O. Box 2751

Des Plaines, Illinois 60017

(800) 468-2678

www.vanru.com

33. West Asset Management, Inc.

171 Mercy Rd., Omaha, NE 68106

(402) 391-5285

(800) 397-7243

http://ift.tt/1aXlDsi

34. Windham Professionals, Inc.

380 Main Street

Salem, NH 03079

(800) 969-0059

www.windhampros.com

Avoiding Student Loan Default

Of course, the easiest way to steer clear of having to deal with any of these companies is to avoid student loan default altogether. Make sure you understand what type of loans you have and commit to making your payments on time. 

Also, seek out student loan debt relief options like refinancing, deferment or forbearance, and even student loan forgiveness. 

Student loan forgiveness is not a quick fix and you'll still have to pay on your student loans but it's wise to see if you qualify if you hold federal student loans.

Ameritech Financial is a document preparation company that provides federal student loan borrowers lower their monthly student loan payments, see if they qualify for forgiveness, and more. If you want help, we recommend Ameritech Financial, a company I’ve personally vetted. They can help you navigate the student loan terrain and help you systematically apply for the programs offered by the Department of Education. If you’re not sure about doing it yourself, then Ameritech can help you find the repayment solution that’s right for you, and potentially restructure your loans so that you can qualify for programs you may not otherwise have qualified for. You can call them at 1-866-863-3870 or check out their website here.

Continue The Conversation

Want to learn more about paying off your student loans and dealing with default? Check out our advice for dealing with student loan debt when you're unemployed or have a low budget. 

​How are you planning to stay on top of your student loan payments?

The post The 34 Student Loan Debt Collectors And How To Contact Them appeared first on The College Investor.

The 34 Student Loan Debt Collectors And How To Contact Them published first on http://ift.tt/2ljLF4B

[heliosfinance]

The 34 Student Loan Debt Collectors And How To Contact Them

What happens when your student loans go into default? If you’ve ever wondered what really happens when you default on your student loans, the answer is not so simple.

College grads are carrying anywhere from hundreds to hundreds of thousands of dollars in student loan debt.

While it’s not good to ignore your student loan payments, there may be some circumstances where you can’t make payments on time or end up missing payments altogether.

This will most likely result in a serious situation called student loan default.

And if your student loans go into default, your loans will be transferred from your student loan servicer to a third-party debt collection company. And this can be strange to many borrowers. You might have spent years dealing with a company like Fedloan or Nelnet, then suddenly you're receiving a call from a company named Educational Credit Management and you're very confused. Is it a scam? What's going on?

Here's what you need to know about dealing with student loan debt collectors, including the full list of all debt collection agencies that work on behalf of the Department of Education so that you can be sure you're not going to be scammed.

Repercussions Of Defaulting On Your Student Loan Debt

check

Low credit score after poor payment history is reported. Higher interest rates if you need to take out other loans based on your new low credit score

check

Fees from the collections agency

check

Potential wage garnishment

check

Legal action - if your student loan company or the government files a lawsuit against you

If you do find yourself in default on your student loans, you'll need to communicate with the collections agency that has been assigned to your debt. You'll have a couple of options, including student loan rehabilitation, setting up a repayment plan with them, or potentially even settling the debt.

Once your loans are transferred to a student loan debt collector, you'll need to use a new portal to access your loans. You can see your loan information here: http://ift.tt/2gZuCUC

There are over 30 different student loan collections agencies, many with names you're not going to be familiar with. If one of them reaches out to you, you need to take it serious.

Below is a list of common student loan collection agencies along with their contact information if you need to reach out to them.

Debt Collection Laws Protect You

Remember, these companies are third party debt collectors, and there are laws that limit what they can and can't do. The Fair Debt Collection Practices Act (FDCPA) is a federal law that provides limitations on what debt collectors can do when collecting certain types of debt. The federal Fair Credit Reporting Act covers how debt collection is reported in credit reports. In addition, there are state laws that provide protections.

These companies may NOT:​

Contact you before 8am or after 9pm. Also if a debt collector knows that you're not allowed to receive the debt collector’s communications at work, then the debt collector is not allowed to contact you there.

The debt collector may not harass you or anyone else in regards to the debt.

If you tell the debt collector to stop contacting you in writing, they must stop contacting you except to take legally allowed actions against you, such as filing a lawsuit (if this happens, you need to get a student loan lawyer ASAP).

If you are contacted by a debt collector for your student loan debt, they are required to tell you the following information about your debt:

The name of the creditor (this will be your student loan servicer and should sound familiar)

The amount owed (remember, this amount may be much larger than your original debt amount due to accrued interest and fees from being in default)

That you can dispute the debt

That you can request the name of the original creditor, if different than the current one

Student Loan Debt Collection Agencies

Here is the full current list of student loan debt collection agencies. These companies do change from time to time, and we strive to keep this information as current as possible.

Quick Navigation

1. Account Control Technology, Inc

2. Action Financial Services LLC.

3. American Student Assistance Corp

4. Bass & Associates

5. Central Research, Inc.

6. Coast Professional, Inc.

7. Collection Technology, Inc.

8. Collecto, Inc. dba Collection Company of America

9. Con Serve

10. Credit Adjustments

11. Debt Management and Collections System

12. Delta Management Associates, Inc.

13. ECSI Federal Perkins Servicer

14. Educational Credit Management CORP

15. Enterprise Recovery Systems, Inc.

16. Financial Asset Management Systems, Inc.

17. Florida Department of Education OSFA

18. FMS Investment Corp

19. GC Services

20. General Revenue Services (USA Funds)

21. Immediate Credit Recovery Inc.

22. Michigan Guaranty Agency

23. National Recoveries

24. National Credit Services

25. New York Higher Education Loan Program (NYHELP)

26. Pennsylvania Higher Education Assistance Agency

27. Pioneer Credit Recovery, Inc.

28. Premiere Credit of North America, LLC

29. Progressive Financial

30. The CBE Group, Inc.

31. U.S. Department of Treasury Debt Management Services

32. Van Ru Credit Corporation

33. West Asset Management, Inc.

34. Windham Professionals, Inc.

1. Account Control Technology, Inc

P.O. Box 8012

Canoga Park, CA 91309

(888) 830-7770

http://ift.tt/1nc1Ax1

2. Action Financial Services LLC.

2055 Cardinal Ave

Medford, Oregon 97504

888-253-4239

http://ift.tt/2gZuJzw

3. American Student Assistance Corp

4. Bass & Associates

Student Loan Department

P.O. Box 66080

Tucson, AZ 85728

(855) 533-1107

http://ift.tt/2h2p6R4

5. Central Research, Inc.

122 N. Bloomington, Suite I

Lowell, AR 72745

(479) 419-5456

http://ift.tt/2h2p7o6

6. Coast Professional, Inc.

P.O. Box 2876

West Monroe, LA 71294

(888) 815-2843

http://ift.tt/2gZuLHE

7. Collection Technology, Inc.

P.O. Box 2300

Rancho Cucamonga, CA 91729

(800) 743-4284

http://ift.tt/2h2p8IG

8. Collecto, Inc. dba Collection Company of America

PO Box 329

Norwell, MA 02061

(877) 395-5997

www.eos-cca.com

9. Con Serve

200 CrossKeys Office Park

Fairport, NY 14450

(800) 724-7500

http://ift.tt/23O0CZv

10. Credit Adjustments

330 Florence St.

Defiance, OH 43512

(800) 544-6359

http://ift.tt/2gZuPXU

11. Debt Management and Collections System

PO Box 5609

Greenville, TX 75403-5609

National Payment Center

PO Box 105028

Atlanta, GA 30348-5028

(800) 621-3115

www.myeddebt.ed.gov/

12. Delta Management Associates, Inc.

P.O. Box 9242

Chelsea, MA 02150-9242

(855) 282-5983

http://ift.tt/2gJljEc

13. ECSI Federal Perkins Servicer

100 Global View Drive Suite 800

Warrendale, PA 15086

(888) 549-3274

www.ecsi.net/

14. Educational Credit Management CORP

PO Box 16408

St. Paul, MN 55116-0408

(855) 810-4922

www.ecmc.org/

15. Enterprise Recovery Systems, Inc.

(800) 377-1904

www.ersinc.com/

16. Financial Asset Management Systems, Inc.

(800) 399-4639

http://ift.tt/2gZuRPw

17. Florida Department of Education OSFA

Local Metro Area

Tallahassee, Fl

850-410-5200

http://ift.tt/Ytpve3

18. FMS Investment Corp

19. GC Services

6330 Gulfton

Houston, TX 77081

(800) 756-6524

www.gcserv.com/

20. General Revenue Services (USA Funds)

4660 Duke Drive

Suite 300

Mason, OH 45040-8466

Phone: (800) 234-1472

http://ift.tt/2xYvWKo

21. Immediate Credit Recovery Inc.

6 Neptune Road

Suite 110

Poughkeepsie, New York 12601

(800) 234-4271

(855) 889-3111

www.icrcollect.com

22. Michigan Guaranty Agency

P.O Box 30462

Lansing, MI 48909-7962

888-643-7521

www.michigan.gov

23. National Recoveries

P.O. BOX 120666

ST. PAUL, MN 55112

888-4-GRANTS

http://ift.tt/1uUrIvp

24. National Credit Services

PO Box 580

Bothell, WA 98041-0580

(800) 324-7564

www.ncscollect.com

25. New York Higher Education Loan Program (NYHELP)

​​99 Washington Avenue

Albany, New York 12255

(800) 888-0741

www.hesc.ny.gov

26. Pennsylvania Higher Education Assistance Agency

Pennsylvania State Grant Program

P.O. Box 8157

Harrisburg, PA 17105-8157

(800) 692-7392

www.pheaa.org

27. Pioneer Credit Recovery, Inc.

26 Edward St.

Arcade, NY 14009

(585) 492-1234

http://ift.tt/2h1JXnq

28. Premiere Credit of North America, LLC

PO Box 19309

Indianapolis, IN 46219

866-808-7118

http://ift.tt/2xYBZPh

29. Progressive Financial

30. The CBE Group, Inc.

31. U.S. Department of Treasury Debt Management Services

(855) 837-2985

http://ift.tt/1pf58ky

32. Van Ru Credit Corporation

P.O. Box 2751

Des Plaines, Illinois 60017

(800) 468-2678

www.vanru.com

33. West Asset Management, Inc.

171 Mercy Rd., Omaha, NE 68106

(402) 391-5285

(800) 397-7243

http://ift.tt/1aXlDsi

34. Windham Professionals, Inc.

380 Main Street

Salem, NH 03079

(800) 969-0059

www.windhampros.com

Avoiding Student Loan Default

Of course, the easiest way to steer clear of having to deal with any of these companies is to avoid student loan default altogether. Make sure you understand what type of loans you have and commit to making your payments on time. 

Also, seek out student loan debt relief options like refinancing, deferment or forbearance, and even student loan forgiveness. 

Student loan forgiveness is not a quick fix and you'll still have to pay on your student loans but it's wise to see if you qualify if you hold federal student loans.

Ameritech Financial is a document preparation company that provides federal student loan borrowers lower their monthly student loan payments, see if they qualify for forgiveness, and more. If you want help, we recommend Ameritech Financial, a company I’ve personally vetted. They can help you navigate the student loan terrain and help you systematically apply for the programs offered by the Department of Education. If you’re not sure about doing it yourself, then Ameritech can help you find the repayment solution that’s right for you, and potentially restructure your loans so that you can qualify for programs you may not otherwise have qualified for. You can call them at 1-866-863-3870 or check out their website here.

Continue The Conversation

Want to learn more about paying off your student loans and dealing with default? Check out our advice for dealing with student loan debt when you're unemployed or have a low budget. 

​How are you planning to stay on top of your student loan payments?

The post The 34 Student Loan Debt Collectors And How To Contact Them appeared first on The College Investor.

The 34 Student Loan Debt Collectors And How To Contact Them published first on http://ift.tt/2ljLF4B

[heliosfinance]

ACS Loan Servicing Problems – Where To Find Help

ACS Loan Serving, also known as ACS Educational Services (and owned by Xerox believe it or not), is one of the largest loan servicing operations contracted by the Department of Education. In recent years, because of complaints with ACS Loan Servicing, most of their Direct Loans were transferred to other Federal loan servicers by the Department of Education. However, ACS still handles Federally backed bank-based loans (such as loans that are owned by Wells Fargo and other banks).

What many student loan borrowers don't realize is that ACS Loan Servicing doesn't actually “own” your loans. They are just a loan servicing company – meaning they are supposed to handle the customer service stuff, like:

Handle payments and credit your account appropriately

Administer student loan programs related to your loan

Take your customer service calls and handle them correctly

Process forgiveness programs, income-based repayment programs, and more that you may qualify for

Report your loans to the credit bureaus accurately

Seek repayment for defaulted loans

However, there have been problems, and borrowers are sometimes left feeling trapped.

ACS Loan Servicing Problems

ACS has been dealing with problems related to it's handling of student loans as far back as 2012. Due to complaints about their handling of student loans, the Department of Education transferred many of their loans to other servicers. You see, the Department of Education owns the Direct Loans, so they can decide who your loan servicer will be – and there are many others. Since ACS was having so many problems, the Department of Education cut ties.

More recently, the State of Massachusetts sued ACS and they agreed to a settlement, due to the fact that “ACS . . . regularly undermined the opportunity for students to access appropriate repayment plans”. Basically, what this means for borrowers is that they would try to call and change their repayment plan to an income-based repayment plan, and ACS would tell them “no”, even if that wasn't correct.

As a result, borrowers felt stuck in high cost repayment plans they couldn't afford.

Student Loan Borrower Problems With ACS Education Services

ACS has been mentioned a few times before on our site. Borrowers, when feeling frustrated with their loan servicer, have no place to vent their frustrations except online.

Check out this comment from SJ from a year ago (and their website isn't any better today even though they're owned by a big “tech” company):

How To Get Help Dealing With ACS

If you're struggling dealing with ACS, we recommend you get in touch with Ameritech Financial. They will be able to help you navigate your repayment situation, and will ensure that your student loan situation is in order – effectively minimizing your interactions with ACS Loan Servicing, or any of your loan servicers for that matter. You can call them at 1-866-863-3870 or check out their website here.

If you don't know who your loan servicer is, you can find all your student loan information, and do many things with your loans for free at StudentLoans.gov.

You could also file a complaint with the CFPB here: http://ift.tt/2cLEjlI

Finally, if you are able to, you should look at refinancing your student loans away from ACS Loan Servicing. It doesn't always make sense to refinance Federal student loans into private loans, but for some people looking to save money, it does.

You can do this in a variety of ways, but I recommend looking using Credible, a student loan refinancing marketplace where you can receive offers from multiple lenders after filling out one short form.

Try it out: Credible. It’s free and you can get an estimate of how much you can save by refinancing in less than a minute.

Warning

Remember, student loan servicing companies like Nelnet can and do report you to the credit bureaus for non-payment of your student loans. But, from the stories shared above, they sometimes make mistakes. That’s why I urge you to check your credit score for free using Credit Karma. They will show you your credit score for free, and then you can know if something is wrong. Plus, there are no gimmicks — it's truly free.

Contacting ACS Directly

Before you go on thinking that ACS Loan Servicing is a scam and you have no recourse, make sure that you take the steps below.

Contact ACS Educational Services (they make it confusing, so make sure you send stuff to — or call — the right location):

Website: http://ift.tt/11ijte3

If you have an FFEL Loan (Stafford, PLUS, SLS):

Phone: (800) 835-4611

Address:

ACS P.O. Box 7051 Utica, NY 13504-7051

If you have  Campus-Based Loan (Perkins, Nursing Student Loan, National Health Professional Loan):

Phone: (800) 826-4470

Address:

ACS Inc. Campus Products and Services P.O. Box 7060 Utica, NY 13504-7060

Share Your Story

Have you had a challenging experience with ACS Loan Servicing as your student loan provider? Has their customer service not been of service? Please share your story below — and even better if you found a resolution!

The post ACS Loan Servicing Problems – Where To Find Help appeared first on The College Investor.

ACS Loan Servicing Problems – Where To Find Help published first on http://ift.tt/2ljLF4B