LITTLE ROCK, Ark. (KTHV) – New developments in a story weve been looking in to for a while: Student loan debt. It affects tens of millions of Americans, and many end up seeking help to pay off their growing debt.
A federal agency is now accusing one of the companies people turn to for help of operating a debt relief operation that’s cheating thousands of people.
It was a promise to help people escape student loan debt, but instead, it led to a huge lawsuit.
“If it seems too good to be true, it probably is. I’m out about $1,000, James Flanagan, who is engaged to a THV11 employee, said.
He fell victim to what the Federal Trade Commission is calling a “deceptive student loan debt relief scam.”