If you try to find the National Collegiate Trust website, you’ll quickly discover there isn’t one. That’s because NCT is not a company at all—it’s a series of statutory trusts made up of privately held student loans originally issued by other lenders. These trusts are owned by Turnstile Capital Management, which itself is owned by Goal Structured Solutions. Clear as mud, right? To make matters even more confusing, borrowers often don’t know who to contact when issues arise, which only adds to the frustration of dealing with NCT loans. This lack of transparency has led to widespread confusion and makes it even more important for borrowers to fully understand who they are actually dealing with.
Going down the rabbit hole starts with a simple Google search
Borrowers searching for a contact number for NCT often struggle to find one online, largely because NCT itself is not an actual company. Instead, their loans are managed by other organizations, and the ownership trail can be confusing. The companies handling these accounts are not always as transparent as they could be, which leaves many borrowers uncertain about who they should actually contact for help with their private student loans.
I collaborated with Michael Bovee of the Consumer Recovery Network for an article that attempted to shine some light on the relationship between AES, NCT, Turnstile, and Goal Structured Solutions. That article, titled “American Education Services (AES) and student loans in collection“, was written in response to a question that Consumer Recovery Network received from a borrower with NCT private loans. The article lists the phone number for Consumer Recovery Network, which refers people to vetted, legitimate debt relief providers. I receive referrals from Consumer Recovery Network, and if you call their number and press option 4, it connects to me.
Since NCT does not have a readily accessible phone number from a Google search, it seems that people see the number for Consumer Recovery Network in that article and believe that this is actually the phone number from NCT, which in turn leads to me receiving calls from some people angrily demanding why I am garnishing their wages or negatively reporting to their credit. But I am not a set of statutory trusts—I’m a debt negotiator based in Athens, Ohio. I don’t garnish anyone’s wages or do credit reporting of any type.
Should you even be calling a private equity company that has basically declared war on student loan borrowers anyway?
If you need help with your NCT private loan, should you be calling a lender that is well known for being extremely aggressive and misleading? Should you contact their loan servicer, AES, which can only tell you your balance and decline any and all offers? Or should you speak to a debt collector from Transworld Systems, National Enterprise, or others whose job is to collect as much money from you and your cosigners through any means possible?
The answer, of course, is D: none of the above. Contact a debt negotiator who has a plethora of experience in dealing with the various entities that make up the multi-headed beast known as the National Collegiate Trust. I have been settling NCT student loans for quite some time, with extensive data and past experiences to fall back on in determining the best route a client should take. If you have NCT loans and you’d like to settle them for a significant reduction, call me at 937-503-4680 today, or fill out my evaluation form here. If you’re being sued by NCT, I can’t represent you because I am not an attorney; but I can connect you with the top student loan defense attorneys in the country, who may even be able to have your case dismissed.
So let’s break down the entities involved with an NCT loan again, and also my role:
-The NCT is a series of statutory loans that are made up of private loan portfolios that their parent company has purchased from various lenders (usually lenders who have exited the private loan business), such as Chase Bank, Bank of America, etc.
-NCT is owned by Turnstile Capital Management, which is a subsidiary of Goal Structured Solutions.
-Goal Structured Solutions uses American Education Services to service NCT private loans prior to default. After default, GSS will assign the loans for collection to various collection agencies such as Transworld Systems, National Enterprise Systems, MRS Associates, and Weltman Weinberg and Reis Co. LPA, as well as many other smaller collection attorneys (when they are trying to pursue legal action against borrowers). NCT loans are not sold to AES or collection agencies – servicers and collectors are simply hired to service and collect on the loans.
Over the years, I’ve seen how overwhelming private student loan debt can be, especially when borrowers are contacted by aggressive collection agencies or law firms. Many people don’t realize they actually have options to negotiate these balances, reduce the amount owed, or set up affordable repayment terms that work for their situation. My goal is to guide borrowers through this process with transparency so they don’t fall victim to empty promises or unnecessary costs.
-I’m the owner and operator of MyCreditCounselor.net, a private student loan negotiation company that has settled millions in these types of loans. I settle NCT loans often, but I have no relationship with them and no connection to them other than the fact that I negotiate with their collection agencies and attorneys regularly.
Consumer Recovery Network and NCT Clarification
-Consumer Recovery Network (CRN) is an organization that provides debt advice and credit card settlement programs while connecting borrowers with reputable debt negotiators and counselors—such as myself. It’s important to note that CRN has no connection or relationship with NCT, and borrowers should be cautious about assuming otherwise.
If you genuinely want to reach Goal Structured Solutions regarding your NCT private loan, their official contact number is (866) 290-4222. However, if you’re seeking practical support, reliable strategies, and unbiased guidance tailored to your financial situation, it’s far more effective to consult an experienced professional who can help you understand all your options and avoid unnecessary setbacks. Taking informed steps now can save you time, money, and stress in the long run.
