Company Information

Get to know Student Loans Consolidated

Student Loans Consolidated, Inc. operated as a third-party student loan debt relief company. It marketed services to individuals with student loan debt, offering to help them apply for federal programs like loan consolidation, forgiveness, and income-driven repayment plans for a fee. However, the company was part of a larger operation that was shut down by the Federal Trade Commission (FTC) in 2017 for deceptive practices, including charging illegal upfront fees and misrepresenting their ability to help borrowers. The company is now defunct.

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Student Loans Consolidated

United States

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.