Federal Student Loan Consulting, which also operated under the name "The Student Loan Advisory," was a Minnesota-based company that marketed itself as a "debt-relief" service for federal student loan borrowers. The company's stated mission was to help individuals navigate the complexities of federal programs such as income-driven repayment plans and Public Service Loan Forgiveness (PSLF). They offered to prepare and submit the necessary paperwork on behalf of clients for a fee. However, in March 2023, the company was shut down by a court order following legal action by the Consumer Financial Protection Bureau (CFPB) and the Minnesota Attorney General for engaging in illegal practices.

Founded in

United States