fbpx

American Financial Benefits Center Hit by FTC Over Student Loan Assistance

The Federal Trade Commission has charged a student loan debt relief operation with bilking more than $28 million from thousands of consumers throughout the country by falsely promising that consumers’ monthly payments would go towards paying off their student loans. This is the eighth action the FTC has taken in Operation Game of Loans, the …

Read more

American Financial Benefits Center Appears to Lock FTC Crosshairs on Itself

I must admit the American Financial Benefits Center, Ameritech Financial, Financial Education Benefits Center, and Brandon Frere must have incredibly creative attorneys advising them. Frankly, I’m not sure I get the path they are on. Back in August of 2017 the American Financial Benefits Centers, a student loan document preparation company went with the strategy …

Read more

Ameritech Financial Warns Federal Student Loan Borrowers Against Strategically Defaulting

For some people, defaulting on their federal student loans may feel inevitable. For others, it may be a choice. While that choice may be fruitful (though still not advised) in other industries when bankruptcy or settlement becomes an option, strategically defaulting backfires for federal student loan borrowers. Therefore, Ameritech Financial, a document preparation company that …

Read more

American Financial Benefits Center and Ameritech Financial Sue FTC to Back Off

American Financial Benefits Center, Ameritech Financial, and Financial Education Benefits Center (Plaintiffs) have filed suit against the Federal Trade Commission (FTC) and politely asking the FTC to backoff. You can see my past posts about American Financial Benefits Center. The Plaintiffs say their job is to assist consumers who are looking for solutions for “government-offered …

Read more