Debt Relief Agencies Face New Safeguard Rules by FTC

The Federal Trade Commission announced a newly updated rule that strengthens the data security safeguards that financial institutions must put in place to protect their customers’ financial information. In recent years, widespread data breaches and cyberattacks have resulted in significant harm to consumers, including monetary loss, identity theft, and other forms of financial distress. The … Read more

Multi-Level Marketers and Others on Notice to Stop Misleading Consumers

The Federal Trade Commission is putting more than 1,100 businesses that pitch money-making ventures on notice that if they deceive or mislead consumers about potential earnings, the FTC won’t hesitate to use its authority to target them with large civil penalties. As the pandemic has left many people in dire financial straits, money-making pitches have … Read more

My Experience with LPG Coast Processing is Totally Unacceptable

Question: Dear Steve, My question is, I signed up for the service w/ LPG (formerly Coast Processing-CP) in July 2020, after the CP agent promised me that CP/LPG would be able to resolve my debts by validating them. The agent said if validation fails, they will consolidate with creditors using the money that I paid … Read more

So Who is Maximus Education Taking Over Navient Loans as Aidvantage?

Navient has announced federal student loans they service, well not all of them, will be transferred to a company named Aidvantage that is part of Maximus Education, LLC. Aidvantage Student Loans Navient says, “Aidvantage is the federal loan servicing unit of Maximus Education, LLC, a company that has one mission – to help you manage … Read more

Student Loan Repair Center – Consumer Complaint – October 21, 2021

Consumer Complaint Submission

Consumer Statement: Attached are your financial disclosure and 3rd party authorization so we can begin work. Please sign and date each doc with an ink pen. Do not sign electronically. Here’s exactly what we need: On attachment FinDisc-ToSign.pdf – sign/date page 2 On attachment DOE3rd-ToSign – sign/date page 1 Please scan/email OR fax back to … Read more