A student loan debt-relief company has been ordered to pay more than $146,000 as a result of a court judgment against its unlawful and predatory business practices, Attorney General Maura Healey said Wednesday.
The judgment was entered in Suffolk Superior Court against Student Loan Relief Inc. and Student Loan Relief of Texas Inc. collectively SLR for engaging in unfair and deceptive business practices, including unlawful upfront and ongoing fees, Healey said.
These businesses market themselves as student loan debt-relief companies when in reality they exploit vulnerable borrowers looking for help, she said. We have shut down these illegal operations in Massachusetts and secured refunds for students.
The judgment against SLR includes …
Read the full article at: https://www.bostonherald.com/2020/10/07/healey-hits-student-loan-debt-relief-company-for-fraud/