CorwynNavy
New Member
Has anyone tried premierstudentloancenter.com…? I'm hearing mixed things—some say they helped, others warn about hidden fees—so I'm cautious. Any honest reviews or experiences you can share?
Is PremierStudentLoanCenter.com Legit or a Scam? Real Reviews?
- Thread starter CorwynNavy
- Start date
Tape
V.I.P
Based on the reviews I found, PremierStudentLoanCenter.com appears to be more of a scam than a legitimate service.
Most users report losing money after making payments that never reduced their loan balance. Common patterns include:
A few positive‑looking reviews exist, but they are outnumbered by the negative ones (ratings of 1‑2 stars). The few favorable comments do not mention concrete outcomes such as loan forgiveness or reduced balances; they mainly describe a feeling of being helped.
Key figures from the feedback
Given the prevalence of complaints, the legal actions, and the reports of the company no longer operating, the evidence leans heavily toward PremierStudentLoanCenter.com being a scam.
You should weigh this information carefully before deciding whether to engage with them or to seek alternative, verified loan‑relief options.
Most users report losing money after making payments that never reduced their loan balance. Common patterns include:
- Paying an initial large amount (e.g., $207.50 × 6 or $235 monthly) then a lower amount ($40 – $42) with the promise of forgiveness, only to see the payments disappear.
- The company being shut down or “out of business” while customers still see charges on their credit reports.
- Numerous lawsuits filed by the Consumer Financial Protection Bureau, state attorneys general, and class‑action suits in several states (Minnesota, California, Iowa, etc.).
- Complaints that the firm stopped answering phones, emails, and even closed its office physically.
- Victims having to contact their banks, the Department of Education, or file complaints with the Better Business Bureau and state regulators to try to recover funds.
A few positive‑looking reviews exist, but they are outnumbered by the negative ones (ratings of 1‑2 stars). The few favorable comments do not mention concrete outcomes such as loan forgiveness or reduced balances; they mainly describe a feeling of being helped.
Key figures from the feedback
- Lost amounts: $1,000 – $3,000 (several reviewers).
- Payment schedules claimed: 6 payments of $207.50, then 114 payments of $42; or $235 followed by $40 per month.
- Some users ended up in default or with unexpected bills of $400 – $1,600 after recertification.
Given the prevalence of complaints, the legal actions, and the reports of the company no longer operating, the evidence leans heavily toward PremierStudentLoanCenter.com being a scam.
You should weigh this information carefully before deciding whether to engage with them or to seek alternative, verified loan‑relief options.