David Lynch, Bartlett, New Hampshire
Social worker David Lynch recalls hearing a radio commercial a few years ago from a company that promised student loan forgiveness for people like him employed by nonprofits.
Lynch, 39, decided check on the companys credentials. I did try to do a Google search, he says, but there really werent any warnings.
Lynch says the friendly telemarketer at Broadsword Student Advantage LLC told him that he couldnt get his debts of about $30,000 forgiven. But he says he was told that by switching his loan payments to Broadsword and adding a $100 monthly fee, hed save money once the company refinanced his debts and never have to worry again.
But some companies that claim to adjust student l…
Read the full article at: http://www.ajc.com/business/consumer-advice/distressed-borrowers-say-student-debt-help-was-anything-but/ukcaTKukHFqL4GGRQsyePL/
