Southeast Financial CU Settles with Massachusetts over Financing Fraudulent Academic Services
Keith Leggett's Credit Union Watch
JULY 12, 2018
Southeast Financial Credit Union (Franklin, TN) will provide $650,000 in loan relief and cash refunds to more than 500 Massachusetts students, according to Massachusetts Attorney General Maura Healey. Southeast Financial Credit Union will discharge approximately $450,000 in loans made to Massachusetts students of The College Network, a for-profit company that marketed online study guides and educational services to consumers, including many prospective nurses.