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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» Empereon-Constar Annual Employee Food Drive Supports St. Mary’s Food Bank Alliance

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

» BREAKING: Senate Confirms Kraninger as Next Director of BCFP

» Student Debt Front and Center at Consumer Federation of America Conference

» Federal Law Preempts DC Licensing Requirements for Certain Types of Federal Student Loans, According to District of DC

» How Recent Legislative, Judicial and Regulatory Developments Have Made Understanding TCPA Compliance More Important (and Complex) than Ever Before

» Encore Enters $6M Settlement Agreement with 42 State AGs, DC AG in Affidavit Robosigning Matter

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.

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