"Predatory Lender Settles $30M Lawsuit, Providing Debt Relief to Student Loan Borrowers"
TL;DR Summary
Minnesota Attorney General Keith Ellison has announced a $30 million settlement with alleged predatory lender Prehired, providing relief to student borrowers. Prehired will refund students' money, void outstanding income shared agreements, and permanently close. The settlement comes after Ellison's previous settlement with student loan debt relief company Network 46, requiring them to pay over $59,000 in refunds.
- AG Keith Ellison announces $30M settlement with alleged predatory lender CBS News
- Virginia Attorney General settles $30M lawsuit with 'Prehired' CBS 6 News Richmond WTVR
- Student-loan borrowers getting $30 million in debt relief after being 'tricked': CFPB Business Insider
- CFPB Orders Prehired to Pay $30 Million, Cease Operations PYMNTS.com
- Company Forced to Pay Student Loan Borrowers Millions: Here's Who Qualifies Newsweek
- View Full Coverage on Google News
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