Recently, the FTC stopped several student debt relief companies from operating after it found the companies were making false claims that they could reduce loan payments and even eliminate student loan debts entirely. Impetus Enterprise, Inc. and two related corporations charged customers upfront fees for debt relief, which is illegal, to the tune of at least $499 per person, and in many cases, didnt actually render any services. People struggling with debt are a favorite target for scammers and unethical businesses, and with the average American carrying about $38,000 of personal debt, theres no shortage of potential prey. Organizations that assist people with debt relief are out there, but finding them requires knowledge …
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