MN Attorney General to investigate 52 student-loan debt-relief companies – KVLY

ST. PAUL, Minn. (GRAY) The federal freeze on student loans is over, which means next month, millions will resume payments for the first time in years. As people look for ways to ease the hit, Minnesota Attorney General Keith Ellison is cracking down on debt-relief fraud.

We at the Minnesota Attorney Generals office opened up an investigation into some companies that are purporting to help students do debt relief, he said.

52 companies are under investigation for offering debt-settlement services to consumers without registering as required by Minnesota law.

Ellison warns that any company alleging the ability to provide relief is probably stretching the truth.

If they tell you that they can forgive your loan or cancel your loan, they pr…

Read the full article at: https://www.valleynewslive.com/2023/09/07/mn-attorney-general-investigate-52-student-loan-debt-relief-companies/