No debt relief for mortgages and student loans

If you feel in over your head with debt, a company’s promise to lower your mortgage or student loan payment might seem like a lifeline. Unfortunately, dishonest companies promising debt relief can make a bad situation worse.

Today the FTC announced it filed charges against Good EBusiness for debt relief schemes that targeted people struggling to pay off mortgages and student loans. People paid thousands of dollars in fees, the FTC alleges, only to find themselves out the money with no relief in sight.

Source: FTC Scam Alert Feed
No debt relief for mortgages and student loans

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