The Consumer Financial Protection Bureau (CFPB) has filed a complaint against a Texas-based student-loan debt-relief business and its owners.
The bureau also filed suit against four attorneys. The CFPB said the defendants were part of a nationwide student-loan debt-relief operation that charged thousands of consumers saddled with private student-loan debt $11.8 million in illegal upfront fees in violation of the Telemarketing Sales Rule.
Read on for details from the CFPB.
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