What should I know about receiving a loan forgiveness notice in the mail?
I got a loan forgiveness notice from a company called “Public Pro Services” (I can’t find any information about them online). After providing some basic household information, they told me I qualify for 100% loan forgiveness, which would cover my $15,000 in federal loans with a $0.00 monthly payment. However, they charge four processing fees of $290 each over four months. Does anyone have any information about this company or the process?
This is not legitimate. You’ll end up wasting your time and money. Do some research, there are established methods for loan forgiveness, and this isn’t one of them.
I received this letter today and was a bit doubtful because it didn’t mention the Department of Education. Instead, it referred to a “Department of Student Loans,” which I don’t think exists. The letter also listed the wrong amount I owe. When I called to correct the amount, the representative acted like it was no big deal to update it, which was suspicious. They even asked me to log into my studentaid.gov account, download my loan information, and email it to them, which felt very strange. The email address they provided was for a company called Public Pro Services. When I asked if the letter was from the Department of Education, the rep said no, it came from their company, which partners with the Department of Education for loan forgiveness programs. That’s when I pretended to need to reset my email password and started searching online. I found this Reddit thread and told him I was no longer on the phone.
I can’t stand how these people try to take advantage of us. Just leave us alone.They’re awful. I’m glad we both figured it out before sending any information.