Debt relief has been a cornerstone of the Biden Administration dating back to when the President ran for office in 2019 and 2020 as millions of Americans struggle with debt.
According to a new report from the Better Business Bureau, many debt relief and repair companies dont live up to their promises.
Earlier this year the US Supreme Court struck down the Biden Administration student loan forgiveness plan citing Executive overreach.
If enacted it would have helped more than 40 million borrowers to qualify for student debt relief. Nearly 90% of the benefits of the relief going to out-of-school borrowers would go to those earning less than $75,000 per year.
Interest on student loans resumed September 1 with payments sent to resume in a matte…
Read the full article at: https://www.ksmu.org/news/2023-09-11/looking-for-credit-or-debt-help-before-student-loan-repayments-restart-bbb-recommends-slowing-down