Tag Archives: Student debt

Former Students Should Seek government Help for Student Loan Debt.

Student debt-relief programs are taking advantage of those in debt, charging high amounts for their services. These services are often putting their customers in even more precarious situations than they were in initially. People in this position are desperate to pay of their student loans and sometimes jump at the opportunity to have aid in the endeavor. Unfortunately, many of these companies add rather high charges to what is already owed. One particular student loan debt-relief company, Student Consulting Group has since had accreditations by the Better Business Bureau removed due to a high number of complaints. Allegedly they have been charging for services that they did not provide. In regards to student loan debt-relief programs, people with this issue should put for effort in looking into the free aid available through the government. Private student-debt relief programs have shown to often add to the original problem.

Read the full article here:
http://www.bloomberg.com/news/2013-06-19/student-borrowers-pay-firms-fees-for-free-u-s-programs.html