First State Sues Over Student Loan Fraud

Parents Forum
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<p>“On Monday, Illinois became the first state to sue so-called debt settlement companies for fraudulent student loan practices. The New York Times reports that two companies, Broadsword Student Advantage and First American Tax Defense, were sued for charging customers for debt assistance they never received.” …</p>

<p><a href=“http://time.com/money/2981408/student-loan-fraud-first-state-sues/”>http://time.com/money/2981408/student-loan-fraud-first-state-sues/&lt;/a&gt;&lt;/p&gt;

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<p>Student Debt ‘Help’ Is Often Predatory, Officials Say
The debt settlement industry, already accused of predatory mortgage tactics, is zeroing in on those with college loans.</p>

<p><a href=“Companies That Offer Help With Student Loans Are Often Predatory, Officials Say - The New York Times”>http://dealbook.nytimes.com/2014/07/13/companies-that-offer-help-with-student-loans-often-predatory-officials-say/&lt;/a&gt;&lt;/p&gt;