A New Report Sheds Light on Profiteering by So-Called Debt-Relief Companies | The Nation
Have you been taken advantage of by outfits hawking their services of assisting you with your student loans and then paid for services that are available to you completely free of charge? This article by Michael Fleshman will provide some insight on what to look out for: (Michael Fleshman) Using deceptive ad slogans like “Obama’s New Forgiveness Program” and “We Work for the Department of Education,” private companies are charging student-loan borrowers for services that falsely claim to provide debt relief, forgiveness, and consolidation. The pervasiveness of these so-called debt-relief companies is a growing problem for millions of borrowers—a problem [...]