Maryland Attorney General Brian E. Frosh has ordered a California-based student loan debt relief company to stop doing business and return money to consumers after finding it violated consumer protection laws.
The state is requiring Huntington Beach, Ca.,-based Student Loan Counsel to pay damages to Maryland residents who never received services or refunds. According to the order, Student Loan Counsel offered lower month payments or debt forgiveness on student loans, charging an advance fee of $599 and $39 per month fo the term of the loan, but failed to deliver services. The business also lacks a required credit services business license, the AGs office said.
Representatives of Student Loan Counsel could not be…
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