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Minnesota Attorney General Keith Ellison announced Tuesday that his office has obtained a settlement in the shutting down of a California-based fraudulent student-loan debt-settlement company operating in Minnesota.
The settlement will return the full amount collected from Minnesota customers.
To embed, copy and paste the code into your website or blog: On January 14, 2021, Minnesota Attorney General Keith Ellison (Minnesota AG) announced that his office reached a settlement with a California-based student loan debt-relief company that allegedly collected unlawful fees from customers and made misrepresentations to them regarding its ability to forgive student loans. According to the Minnesota AG, the company allegedly made false promises to consumers that it could forgive their federal student loans, when only the federal government is in the position to do that. The ...