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In fact, one company was simply a student loan scam. If you want to pay for help, that’s fine too – there are companies that can help you.
We’re going to talk about the right and wrong way to go about consolidating your student loans, but I want to highlight something first. If you choose to work with a student loan assistance or consolidation company, make sure you are careful with your selection process.
As I’ve said in other articles, Ameritech Financial has proven to be a trustworthy company that I have personally inspected and found to be legitimate in their service offerings – but these examples below show the opposite end of the spectrum.
I want you to check out these stories, and really pay attention to what's going on here.
Student loan consolidation is an option, but these stories also reflect a lot of the other things we've been talking about lately – being financially negligent while in school, and the need to setup side hustle income streams.