MFI-Miami To Begin Investigating Student Loan Fraud And Collection Abuses Committed By The Major Student Loan Operators
MFI-Miami is now expanding its services investigating student loan fraud. Many consumers have become trapped in high-interest student loan debt. They don’t realize they are victims of student loan fraud. They are also victims of illegal collections practices.
MFI-Miami CEO Steve Dibert explained:
From MFI-Miami’s viewpoint, it’s déjà vu all over again. We are witnessing the same abusive tactics being used by mortgage servicers.
The Consumer Financial Protection Bureau estimates that at $1.2 Trillion, American student loan debt has hit an amount rivaling the GDP of Mexico.
Steve Dibert also explained his motivation:
I want to position MFI-Miami to strike fear in the heart of these of these parasitic student loan operators. I did it with mortgage lenders and now I also want to do it to student loan lenders.