This is something a lot of
fraudulent consolidation companies are advising struggling students to do.
Not exact matches
There are some
fraudulent debt
consolidation companies that will charge excessive fees and could leave your credit in worse shape than you started out with.
If a
company offers to process your debt
consolidation loan but asks for an upfront fee, be wary, it could be a
fraudulent company.
To make matters worse, there are
fraudulent companies that take advantage of the confusions by enticing consumers who are actually not right for their debt
consolidation programs, making them financially worse than before they join the plans.