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FTC Settles With Two Student Loan Debt Relief Companies Over Illegal Upfront Fees and False Promises

In October 2017, the Federal Trade Commission (FTC) and several states launched Operation Game of Loans to help fight deceptive student loan debt relief scams. Stemming from this program, the FTC settled with Student Debt Doctor (SDD) and American Student Loan Consolidators (ASLC), two Florida-based student loan debt relief companies, over collecting illegal upfront fees and falsely promising to help consumers enroll in government programs to reduce or forgive their student loan debt.

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New whitepaper: the Top 3 Reasons for a Digital Collection Strategy

In today’s environment, consumers have dramatically changed how they find and interact with their financial service providers. Learn how to take your business to a digital level by communicating with consumers in a more convenient and less stressful way with these key strategies.

In this free whitepaper from Experian, find out how a digital collections strategy could work for your business. Download the whitepaper here.


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BREAKING: Senate Confirms Kraninger as Next Director of BCFP

Today, the Senate voted on and confirmed Kathy Kraninger as the next Director of the Bureau of Consumer Financial Protection (BCFP or Bureau). The vote was split 50-49.

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Women in Consumer Finance Conference

10 December 2018 at 06:00 p.m.

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer Finance 2018 – a conference and networking event for ALL women in consumer finance.

Event Details »


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