Is Alumni Solutions Scam? Read About the Alleged Hiding Act
Is Alumni Solutions Scam? Read About the Alleged Hiding Act!>>: If you’re interested in learning more about the loan forgiveness scam and how to avoid it, check out the article below.
Alumni Solutions is an alumni association that helps graduates with their student loan debt. But, what is the truth about Alumni Solutions? Is it a scam or are they actually assisting people in reducing their debt burden?
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This article will go into detail about allegations against Alumni Solutions and how it has impacted its reputation.
What is Alumni Solutions?:
Alumni Solutions is a company that helps people who are struggling with student loans. They offer to reduce your debt burden and help you get back on track. It sounds too good to be true, right? Well, it’s not! In this article, we will go over the benefits of working with Alumni Solutions, what they do for their clients, and how they have helped others in the past.
SRMIST honours Mr. Ravi Kunduru, Founder and President of Ventech Solutions and one of SRMIST's Distinguished Alumni 1995 CSE with 'SRM Business and Innovation Award 2021' for his extraordinary dedication to his work. pic.twitter.com/eWPHZnEF1N
— SRM Institute of Science and Technology(Official) (@SRM_Univ) January 3, 2022
In the following section, we’ll discuss the legality of it. Let’s take a look at some of the ways that government helps out:
- It allows borrowers to combine federal student loans.
- Alumni may help to decrease their monthly payments, which will make it more convenient for them to repay debt.
- Students may apply for student loan forgiveness plans, and if they fulfill the requirements, their debts may be forgiven.
- Sometimes, when a person owes an outstanding loan but does not want to admit their mistake or that they are unable to work due to an injury sustained on the job, the medical condition of the borrower can be used as a defense. A physician’s statement from the most recent written letter from your previous doctor may help you get it off of your record.
Is Alumni Solutions Scam?:
At this point, it’s difficult to say whether or not Alumni Solutions is a scam. There are certainly a lot of allegations against the company, but they have also helped many people in the past. In order to make an informed decision, it’s important to read about both sides of the story.
The existence of student loan forgiveness or an alumni swindle has long been a problem in the United States, and in 2017, the trade commission created an operation to tackle this issue. Scammers, on the other hand, have found ways to retaliate.
Alumni Solutions Loan Forgiveness Scam:
If you’re interested in learning more about the loan forgiveness scam and how to avoid it, check out the article below.
Alumni Solutions is an alumni association that helps graduates with their student loan debt. But, what is the truth about Alumni Solutions? Is it a scam or are they actually assisting people in reducing their debt burden?
Voicemail Transcript:
“Hey! Britney Price here, from alumni solutions – assistance group with a representative number 1769, and my phone number is ***.
“Unfortunately, we were unable to reach out to you over the weekend. This is calling to inform you that you are still eligible to participate in the forgiveness program, but with few openings remaining, so act quickly. Please do not pass up this chance.”
Many received the same warning from various names and IDs. Assume you received the same message; please do not act hastily. It’s a 100% fraudulent communication.
Final Verdict:
People should not trust any business that claims to provide a loan forgiveness service until they know the facts because there is an Alumni Solutions Scam taking place in the name of a loan forgiveness provider.
Alumni should not make hasty judgments, since the federal government has put a moratorium on student loan payments until September 30, 2021.
If you’ve heard about alumni loans scams, please leave a comment and give your thoughts on the post below.