Want Student Loan Forgiveness? Avoid These 3 Scams

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Want Student Loan Forgiveness? Avoid These 3 Scams
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If you want student loan forgiveness, don't fall for these scams

Never pay a fee for student loan consolidation. Student loan consolidation is completely free through the federal government.If a student loan company says it has a"relationship" with the U.S. Department of Education, don't work with them.

Legitimate student loan companies clearly disclose that they are independent companies that are not affiliated with the U.S. Department of Education.does not lower your interest rate or your monthly payment. With student loan consolidation, your monthly payment is equal to a weighted average of the interest rates on your current federal student loans.Scam #2: Student Loan Tax The caller threatens to arrest you or sue you if you do not make an immediate payment.

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