If you never heard of LendEDU, you very likely might have spotted one of their many, many quirky surveys.
Detroit Free Press
And, according to consumer watchdogs, LendEDU played a little loose at more than a few stops along the way. And then the same student loan refinance company was asked by LendEDU to nearly double its payments to $16 per click in order to hold onto that No. 1 ranking, according to the FTC filing. "Of those 126 reviews, 111, or 90%, were written or made up by LendEDU employees or their family, friends, or other associates," according to the FTC.
And if this doesn't make you sick as a consumer by now, here's another zinger that's not in the FTC complaint.A top expert on student loan debt named Drew Cloud might have been quoted in The Washington Post and the Boston Globe about some crazy surveys – such as 27% of those surveyed would contract the Zika virus to live debt-free.The Chronicle wrote that it spent more than a week trying to verify Drew Cloud's very existence.
It's not bad enough that consumers are already stressed out about their debt and really aren't all that certain what to do when it comes to refinancing their student loans.
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