Advertiser Disclosure

Borrower Beware: American Student Loan Consolidators LLC

Loans, Student Loans
NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from partners. Here’s how we make money.
We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

This company is on the NerdWallet Student Loan Watch List. The list flags student-loan businesses and individuals hit by enforcement actions, court judgments or liens, or bad ratings from the Better Business Bureau. Learn more in Who Gets Listed. Have you dealt with this business, or encountered a suspicious student-loan company that NerdWallet public interest reporters should investigate? Let us know at

Washington state reached an agreement with American Student Loan Consolidators LLC for the company to return more than $14,000 to consumers, according to a 2017 news release.

Washington’s attorney general accused the Florida company of overcharging consumers and collecting unlawful fees, a 2016 news release said.

The company agreed not to charge illegally high fees for debt adjustment, and not to engage in deceptive advertising or misleading business practices, the attorney general’s office said.

The action left American Student Loan Consolidators free to operate in any other state.

In October 2017, American Student Loan Consolidators was included in a publicized crackdown on student debt relief fraud by the Federal Trade Commission and 12 attorneys general — a joint enforcement effort called “Operation Game of Loans.”

What the company claims to provide: Help preparing applications for federal student-loan repayment plans, debt consolidation and forgiveness


Based: Boca Raton, Florida

Management:  Daniel Upbin, managing member; Patrick O’Deady, manager. Both listed in Florida corporation records as managing members of the defunct Christian Debt Counseling Center LLC. Upbin has also been an officer of Christian Debt Consolidators LLC, Christian Debt Foundation LLC, Performance Debt Relief LLC, and Platinum Debt Management Inc.

Sources: Washington attorney general’s office, Florida business filings

Sign up for our email alerts to help you protect your wallet. Join the conversation and share your stories with NerdWallet’s investigative team on Facebook.