Defendants in Student Loan Debt Relief Scheme Banned from Industry in Settlement with FTC and Florida

Three student debt relief companies were banned from the industry for falsely promising they could eliminate student loan debt and for posing as consumers. Defendants in Student Loan Debt relief scheme banned from Industry in Settlement with FTC and Florida

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. Defendants in Student Loan Debt Relief Scheme Banned from Industry in Settlement with FTC and Florida | Federal Trade Commission

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 [.]

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Operators of Student loan debt relief schemes settle ftc charges. Under the settlement order, the defendants are banned from debt relief and telemarketing activities and from making misrepresentations or unsubstantiated claims related to financial or other products or services. The order includes a judgment of more than $9 million,

The defendants behind a New York-based debt collection scheme will be permanently banned from the debt collection industry under a settlement with the Federal Trade Commission and the New York Attorney General, who alleged that the defendants bilked consumers out of millions of dollars by brokering.

The FTC and Florida charge that the defendants, despite taking these monthly payments, failed to extend consumers the promised debt consolidation loans. The defendants also called people who were already enrolled with debt relief providers claiming they were taking over the servicing of those accounts and falsely claiming they would provide the.

Results 1 – 20 of 271. FTC Names Additional Defendant in Student Loan Debt Relief Case. banned from the debt collection industry under a settlement with. The operators of two Florida-based student loan debt relief schemes are banned.

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