Karen Morris pays all her bills on time. Unfortuitously, which will not need helped when you look at the instance of her education loan.
The previous university student recently received a letter through the FTC informing her that it is freezing the assets of her education loan servicing business, Mission Hills Federal of north park.
“The Federal Trade Commission had been closing them down because they say it absolutely was a student-based loan scam,” she stated.
The FTC claims Mission Hills took much more than $23 million from university grads like Morris, then again presumably kept the amount of money and did not repay their figuratively speaking. (more…)