Ace Financial Consultants LLC

Student Loan Forgiveness Scammer owner of business is Damian Mor

Let me be the first person to leave a review of this terrible terrible company Ace Financial Consultants LLC. First and foremost…I was employed here for almost 8 I have the real insight of what ace financial really is….it’s a SCAM.

Yes…that’s right …we lied to students who were already in terrible financial trouble and looking for a way to get rid of their student loans because they were misled and lied to by a for-profit university.

So the advertisement ace financial has lures people to either enter their info in a form…(where they will get NON-STOP robo calls every single day) and if you ask a second or third time …we reassure you that your entire debt from the fraudulent school you went to will just disappear in about a year. —-BUT……you must pay 700-1000 dollars up front for this to happen.

(Which is a complete lie) we didn’t even have a set price to ask someone to pay…we can make up whatever price we wanted! We would ask you to hold on for a moment while we put your loan information to our fictitious compliance department so they can decide if you are approved or denied for the program.

This is when we would take a restroom break …or get coffee.. then come back to the phone and very cheerfully say Congratulations! “YOU ARE APPROVED TO HAVE ALL OF YOUR STUDENT LOANS REMOVED FROM YOUR CREDIT REPORT BUT IT TAKES 12-14 MONTHS”

(Ace Financial Consultants has no communication with the department of education…NONE- and definitely has no part in the approval process).

This is the first time I have ever seen a place for reviews for this company! He made a point to never ever let anyone put any reviews about ace Financial online. That way anyone who looks them up online won’t find anything negative. I’m so happy I have the opportunity to warn anyone who may have come in contact with Ace Financial Consultants. I dont want to personally implicate anyone so I will just say…The companyis Operated by a very young person who has much to learn.

Long story short..we mislead people to think that they are approved by the department of education for the Borrowers defense to repayment program. And that all of their loans will be dismissed and they will get refunded any and all payments they made towards their loans but you must pay upwards to 1000 dollars to get “enrolled” in the program. none of that is true….not one word. You can apply for the program yourself online for free and have a MUCH better chance of getting approved for the program…and trust me…the application is not hard at all to complete..just google the words “Borrowers Defense “ and click the first option on google.

Don’t waste your time and definitely don’t waste any money with Ace Financial. Or ANY student loan company that asks you to pay ANYTHING upfront …or anything at all.

The loans are federal…any and all programs are on the department of education website…and are free. I quit working there because I couldn’t listen to these people laughing and making fun of people who actually fall for the “program enrollment” and fork over the $700 dollars, just to get mailed the application that they printed out from the DOE website.

Yeah that’s right…even after paying 700 dollars….they mail you the application in an envelope that says “do not open” and you must mail it to the dept of education yourself. That is what you are paying for…please don’t do it. And if you already did….call them and demand a refund! Good luck!

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4 reviews on Ace Financial Consultants LLC

  1. Thank you!

    I literally just had the exact experience you described. My gut told me this was all a load of crap so before I gave payment info I got the call back number and went to look up the company. They have a beautiful and professional website but something just felt off so I continued in my google quest and found your review. Thank you for the warning and the reminder to always trust my gut!

    1. John

      Shitty scamming company owned by Damian Moran

      Your welcome. Since blasting this company…and revealing them. He has changed the name …and is STILL SCAMMING PEOPLE. If I ever see him on the street…he will wish he never pissed me off

  2. ACE Financial Consultants or ACE Financial Management

    After reading a Facebook posting I decided to give ACE Financial Management a call. I was met with a friendly but slightly defensive young woman who answered my questions about how the process of me getting my student loan forgiven works. I was suspicious and asked if my SSN# would be required. She quickly said no. But as the prior reviewer states, a $700-$1000 fee is required to get the ball rolling once this company decides whether or not I qualify for forgiveness. I asked about the ACE company and received an email from their representative containing a link to their website and her phone number to show they are a valid company. But hey, anyone can create a nice website nowadays. So I searched for complaints against this company and came across this site. THANK GOD the prior reviewer posted a review. I did just as he suggested and Googled “Borrowers Discharge”. It took me straight to the legitimate website I need. THANK YOU FORMER ACE EMPLOYEE! I owe you a hug! I’ll do the footwork on my own without the help of ACE Student Advisors/ACE Financial Consultants/ACE Financial Management (or whatever they’re calling themselves), and save my hard earned money in the process. Save yourself and do your own work to get your loan forgiven.

  3. Scammers

    They act like they are helping you when in fact they are not! I asked if they had contacted my fed student loan company and they said yes. I said ok I will call them and they said ok call them and give us a call back. I did exactly that and my fed student loan company had in fact not heard from them and then they tried to make excuses and i asked for my money back they said i hadn’t asked for that which i did in the first phone call. I actually filed a dispute with my bank and cancelled my card as well. Do not fall victim to this. You can in fact do this yourself and it’s free.

  4. Disgusting company

    This company asked me for payment up front then when I said “you know what I think I won’t move forward, I’m sorry”. “Lana” on the other end, said, “then why did you waste my time?”. I told her she didn’t have to be so rude then she hung up on me. A few minutes later I received an email that said I was rejected from the program for profanity and poor moral character…


    1. John Hicks

      You did the right thing. I’m sooo happy 😃 that this review is permanently online and can’t be removed. Hehehehe. (Evil laugh)

San Vicente Boulevard 6310
Los Angeles 90048 CA US
Get directions
Reported Loss :900 $
Severity of Scam :Extremely High
Reported by : Anonymous
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