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Stanley Freimuth

Deep Dive Into NY Suit Against Student Loan Assistance Companies

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Earlier today I wrote NY Sues a Bunch of Student Loan Debt Relief Companies and Equitable Acceptance Corporation and now I have a few minutes to take a deep dive into the complaint. Let’s see what the State of New York claims the facts to be against Debt Resolve, Hutton Ventures, Progress Advocates, Progress Advocates …

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NY Sues a Bunch of Student Loan Debt Relief Companies and Equitable Acceptance Corporation

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The State of New York has announced a sweep against student loan assistance and debt relief companies. The New York AG office announcement boldly says, “Companies Contacted Borrowers through Direct Mail, Facebook Ads, and Telemarketing – Falsely Claiming to be Affiliated with Federal Government; Making Multiple Misrepresentations to Get Consumers to Enroll; and Charging Illegal …

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