Company Information

Get to know student loan assistance, llc

Student Loan Assistance, LLC was a Florida-based company that operated as a third-party student loan debt relief service. The company advertised that it could help student loan borrowers lower their monthly payments by enrolling them in government-run repayment programs. Its business model focused on charging consumers upfront and monthly fees to prepare and submit applications for programs that borrowers could otherwise access for free through the U.S. Department of Education. In 2016, the company was permanently shut down following legal action by the Federal Trade Commission (FTC) and the State of Florida for deceptive marketing practices and charging illegal advance fees.

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Financial Financial AdvisementPRIMARY
Financial Other Service

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student loan assistance, llc

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

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.