BALTIMORE, Md. – A student loan debt relief company is being told they’re not allowed to do business in Maryland.
Maryland Attorney General Brian Frosh announced that the Consumer Protection Division issued a cease and desist order against Student Loan Counsel. The California-based company must cease any unlawful conduct in Maryland, return all money collected from Maryland consumers, and pay damages to those affected by their illegal conduct.
Student Loan Counsel is also barred from doing any further business in Maryland without posting a
$100,000 bond to protect consumers.
According to the order…