Minnesota AG Settles with Student Loan Debt Relief Company

On October 11, 2023, Minnesota Attorney General Keith Ellison announced a settlement with a California student loan debt relief company for $17,000.  This settlement marks the 14th time AG Ellison has pursued action against student loan debt relief companies since 2016.

The settlement resolves allegations that the company illegally collected fees from customers and misrepresented its services to consumers.  The settlement requires that the company cease operations in Minnesota until it registers as a debt-settlement service provider.  It also requires that the company provide full refunds to Minnesota consumers and pay a civil penalty.