We already know that some debt settlement programs provide little relief for debtors, and consumers who contributed to the $1.2 trillion student loan debt tab appear to be the top target for these companies. Today, the Illinois Attorney General announced lawsuits against a pair of debt-settlement companies that targeted, and allegedly misled, student loan borrowers. [More]
Illinois Files Suits Against Debt Settlement Companies That Allegedly Scammed Student Loan Borrowers
An anonymous disgruntled employee sent us a long list of complaints about Hollywood Video, which can be summed up with “we’re desperate to earn some money, so any tactic is fair game.” Among them is this gem.