Feds Shut Down Illegal Student Loan Debt Relief Operation

Paying for College
1

“Last December, the Consumer Financial Protection Bureau filed a lawsuit against Student Loan Processing.US, a debt relief operation, that allegedly reaped millions of dollars from thousands of consumer by promising to provide repayment benefits that come free of charge with federal student loans. Today, the agency took steps to put an end to the organization once and for all.” …

https://consumerist.com/2016/03/15/feds-shut-down-illegal-student-loan-debt-relief-operation/

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I am glad that there is one less scam company - but there are more that need to be shut down. My grads have brought me postcards with these offers, and it amazes me that their names are somehow sold to companies. My school does not release any student info, so it didn’t come from the school. Marketers are so savvy, though.