Company Information

Get to know american student loan center

American Student Loan Center, Inc. operated as a third-party student debt relief company, positioning itself as an expert resource for individuals navigating complex federal student loan repayment and forgiveness programs. The company's stated mission was to assist borrowers in applying for programs such as Income-Driven Repayment (IDR) plans, Public Service Loan Forgiveness (PSLF), and loan consolidation. However, the company was not affiliated with the U.S. Department of Education and charged significant fees for services that borrowers could access for free through official government channels. Following multiple regulatory actions, the company was forced to cease operations in 2019.

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american student loan center

United States

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.