FTC Crackdown on Student Debt Relief Companies Could Help Consumers Recover Funds – NBC 6 South Florida

It was an unexpected call offering Annette Loynaz a plan to start paying a federal student loan of $39,897 that got her attention.

I had no clue who they were but I thought they were the owners of the loan, she said.

Loynaz says The Florida-based company, Strategic Student Solutions, put her on a monthly payment plan she thought would help erase that loan.

Catie Cormier says she got a similar offer from the same company. She was looking for a way to finally get rid of the roughly $13,000 in student debt she had been struggling to pay for the past decade.

I fell for it, Cormier said. When they presented how they could help me it sounded like ok, its going to be tough but this might actually be a …

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