Avoid student loan relief scams

FTC busts multi-million dollar scheme targeting student loan borrowers

WASHINGTON, D.C. — A company promising fast relief from student loan debt has been permanently banned from the debt relief industry after the Federal Trade Commission uncovered a scheme that apparently scammed consumers out of tens of million, the agency said.

Avoid student loan relief scams

(WXIN/WTTV) – With collection agencies once again going after student loan debt, it’s important to avoid crooks offering to help you with your loans. You need to be on the lookout for slick scammers promising a quick fix for your finances, according to the Federal Trade Commission. Scammers know that people struggling to keep up with payments can get desperate, so they’re quick to offer a helping hand without actually helping anyone. One of the …