Hit the brakes before you contact a debt settlement company to grapple with your student loans some may be in hotter water than you are.
NerdWallet, a personal finance website, compiled a watch list of 130 entities, representing approximately 100 companies, that provide debt management and consolidation services for student loan borrowers.
In all, about 44 million people owe more than $1.4 trillion in college loan debt. More than 4 million debtors were in default last year, up from 3.6 million in 2015.
Debt settlement companies charge bo…
Read the full article at: http://www.cnbc.com/2017/06/14/debt-relief-firms-may-not-be-your-best-bet-for-help-with-student-loans.html
