Student Aid Institute Illegally Tricked Borrowers Into Paying Fees for Federal Loan Benefits
WASHINGTON, D.C. — (ENEWSPF)–March 30, 2016. The Consumer Financial Protection Bureau (CFPB) today took action to halt a student loan debt relief scam that illegally tricked borrowers into paying fees for federal loan benefits and misrepresented to consumers that it was affiliated with the Department of Education. The CFPB is ordering the student debt relief company, Student Aid Institute, Inc., and its…
