ED Magedson – Founder
Student Loan Service NetworkHuntington Beach, California USA
Student Loan Service Network www.slsn.com, American Association for Students, Loan Relief... Tried to rip me off $599 plus $39 fee Huntington Beach California
I called the American Association for Student Loan organization because they advertised on TV student loan forgiveness and they stated that the could help students with thie loans.
I spoke to Lisa and she took my information, she told me how much I owe for student loans and she stated that she could help. She told me that the best option for me would be the IBR which supposedly is 15 percent of monthly adjusted income.
She said that based on my income at this time I would be responsible fir $70.19 at a 300 payments and I will be forgiven for the rest of the balance.
Okay, well so far so good right? Wrong, she said that $31.00 would go towards the student loans and they would charge a $39.00 fee. O boy okay, well then, how should I proceed, I stated.
I could not believe the worked out of her mouth after that, she said that I would also have to pay another $599 and she would accept $100 as a deposit.
This is agyer I tokd her about my financial issues.
She told me that they charge that because they offer a service.
Lord have mercy, I am so glad I hung up on her. Run as fast as you can!
My advice, please do not pay a fee to consolidate, it is a ripoff. Try to find a way to get loan forgiveness through other means. I would provide you with information regarding who to contact but Ido not have that information at this time.
This report was posted on Ripoff Report on 03/23/2014 11:51 AM and is a permanent record located here: http://www.ripoffreport.com/r/Student-Loan-Service-Network/Huntington-Beach-California/Student-Loan-Service-Network-wwwslsncom-American-Association-for-Students-Loan-Relief-1132939. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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