If they don’t give you a copy of the note, does the student loan go away?
Demanding a copy of the student loan promissory note – is it the newest scam, the oldest trick in the book, or something else entirely?
Student loan counselors, negotiators and other so-called “debt relief services” tell you they can wipe out your student loan by demanding proof that the collector has proof of ownership. For borrowers, this sounds like a miracle – and who wouldn’t spend a few thousand dollars on something like this that could change your life forever?
If this is such an effective way to solve a student loan problem, why aren’t more people talking about it?
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