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To help make consumers aware of fraudulent debt relief services, the FTC offers advice about student loan debt relief, in English and Spanish, and the latest in a series of graphic novels about scams targeting Latino communities – Maria and Rafael Learn the Signs of a Debt Relief Scam.
Under a settlement with the federal trade commission and the State of Florida, the operators of an alleged student debt relief and credit repair scam will be banned from those lines of business. The stipulated final order announced today resolves charges the FTC and the State of Florida brought in April 2016, against Chastity Valdes [.]
The defendants in two student loan debt relief cases agree to settle Federal Trade Commission claims against them. The FTC illustrates the defendants charge consumers illegal upfront fees and falsely promise to help reduce or forgive student loans.
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The FTC has filed a lawsuit in a California federal district court against three interrelated student loan debt relief companies and the individual who is their majority owner for alleged violations of Section 5 of the FTC Act and the Telemarketing Sales Rule (TSR). The TSR implements the Telemarketing and Consumer Fraud and Abuse Act.
On January 24, the Federal Trade Commission (FTC) and the Florida Attorney General’s Office announced a settlement with student loan debt relief providers alleged to have participated in a student loan debt relief scheme, resolving allegations that the providers violated the Federal Trade Commission Act, Telemarketing and Consumer Fraud and Abuse Prevention Act,
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Student debt relief schemes targeted by FTC. The FTC also announced a settlement in a case we wrote about earlier this year. According to the FTC, Consumer Assistance Project and Student Aid Center promised to get people’s loans forgiven or significantly reduced. Consumer Assistance targeted people online and over the phone,
Accordingly, the court of appeal’s decision created a pathway for employees to name payroll companies as additional defendants in a wage and hour. This decision comes as a relief for payroll.