There is an estimated $1.5 trillion of outstanding student loan debt. The burden is taking a toll on Americans, from preventing homeownership to delaying other major life milestones, like marriage.
Still, its easy for Americans to want to eliminate that debt as soon as possible and criminals are capitalizing on the growing desire to do so.
The Federal Trade Commission (FTC) has been cracking down on scammers in recent years, claiming theyve have been charging illegal upfront fees and misleading consumers.
While it may be tempting to go after a quick fix to eliminate student loan debt, it can have numerous and costly consequences.
Here are five warning signs to watch for when looking …
Read the full article at: https://www.bankrate.com/loans/student-loans/how-to-spot-student-loan-debt-relief-scams/