This company is on the NerdWallet Student Loan Watch List. The list flags student-loan businesses and individuals hit by enforcement actions, court judgments or liens, or bad ratings from the Better Business Bureau. Learn more in Who Gets Listed.
In October 2017, Student Debt Relief Group was included in a publicized crackdown on student debt relief fraud by the Federal Trade Commission and 12 attorneys general — a joint enforcement effort called “Operation Game of Loans.”
Student Debt Relief Group is a business named used by M&T Financial Group and American Counseling Center Corp. The companies also use the business name Student Loan Relief Counselors (SLRC).
At the time of this Watch List posting, the Better Business Bureau had given Student Debt Relief Group an “F” rating. The company is incorporated under the name The Student Debt Relief Group LLC.
What the company claims to provide: Document preparation services related to student loan consolidation, forgiveness and applying for income-based repayment programs
Based: Los Angeles
Management: Quasandra Thomas, managing member
Sources: Better Business Bureau; California secretary of state