News

February 24, 2014

Illinois AG investigating Sallie Mae and other student loan collectors

he massive student loan debt in America has now reached a staggering $1.2 trillion. Some students wonder if they’ll ever pay it off.

Now the tactics of loan companies and their debt collectors are making it even tougher and the Illinois Attorney General is fighting back. The Attorney General is going after Sallie Mae, a corporation that originates more than $180 billion in debt, typically college loans to millions of students.

For years, critics have questioned the way those loans are managed and the debts are collected.

If you have a complaint about the way your student loan is being handled, you can file a report with the Attorney General’s Consumer Protection Offices in both Illinois and Missouri.

www.kmov.com

The above statements do not represent those of Weston Legal or Michael Weston and they have not been reviewed for accuracy. The statements have been published by a third party and are being linked to by our website only because they contain information relating to debt. Nothing in this article should be construed as legal advice given by Weston Legal or Michael Weston. To view the source of the article, please following the link to the website that published the article. Articles written by Michael W. Weston can be viewed here: To report any problem with this article please email studentloan@westonlegal.com

 

 

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