Phone Call Us 414-326-9231
Toll Free 866-678-9352
Text Us 414-277-7742

Don’t fall for student loan forgiveness ploys

Student loan debt is a major problem facing millions of Americans, and debt settlement companies know that. That’s why they are all over the internet spamming young people about so-called student loan forgiveness programs.

One of their favorite tricks is pretending that they are offering a new program created by President Obama. The problem is that these companies are really just slinging questionable debt settlement services at a high price.

While it is true that President Obama has called on the Department of Education and other involved agencies to look into ways of making repaying student loans more manageable, no new program has been created as of yet.

So what are these debt settlement companies actually offering? Typically, they charge people money to get enrolled in repayment or consolidation services that they would be able to enroll in for free by themselves through their loan providers, USA TODAY reports.

The problem is that many young people with student loans aren’t aware of their consolidation and repayment options, so they turn to predatory debt settlement companies for help. Unfortunately, paying for a service that they are entitled to for free only makes their financial situation worse.

Before falling for one of those misleading ads promising you help with your student loan debt, learn more about your repayment plan and consolidation options by visiting at If you end up needing further assistance from a debt relief professional, only work with a company that you can trust.

For example, bankruptcy law firms are regulated by the state bar and can be trusted for all of your debt negotiation and settlement needs.

No Comments

Leave a comment
Comment Information

Contact Our Milwaukee Law Firm

Reach Miller & Miller Law, LLC, online or call us at 414-326-9231 to schedule a free initial consultation. Our law office also provides Spanish language services. Se habla español.

To schedule an initial consultation, call 414-326-9231 or contact Miller & Miller today.

Free Case Evaluation

* indicates required field

Milwaukee Office
633 W Wisconsin Ave, Suite 500
Milwaukee, WI 53203

Phone: 414-312-6581
Fax: 414-277-1303
Milwaukee Law Office Map

Kenosha Office
6123 Green Bay Road
Suite 210
Kenosha, WI 53142

Phone: 262-326-1669
Kenosha Law Office Map

Brookfield Office
200 S. Executive Drive
Suite 101
Brookfield, WI 53005

Phone: 262-261-0665
Brookfield Law Office Map

Madison Office
2810 Crossroads Drive
Suite 4001
Madison, WI 53718

Phone: 608-260-7133
Madison Law Office Map

Glendale Office
6001 N. Green Bay Avenue
Glendale, WI 53209

Phone: 414-973-8662
Glendale Law Office Map