NerdWallet has published a list of 130+ student loan assistance companies that they say consumers should be wary of. They say “This Watch List names companies that charge for fraudulent or questionable debt relief services.” Companies that made the list have been investigated, penalized, or sued by state or federal authorities. The companies they list …
The Federal Trade Commission and the State of Florida have taken action against two operations charged with running phony student loan debt relief schemes, and defendants in a similar FTC action brought earlier this year have agreed to a ban on participating in any debt relief business, as part of a consumer protection crackdown to …
For years now I’ve talked about how tough the state of Connecticut is with debt relief companies. Well today marks another page turn in that story. The State attempted to contact Consumer Assistance Project, Back Office Law Project, and the Law Office of Timothy McCabe, numerous times, over concerns of unlicensed debt adjusting or debt …
Here is what the Connecticut Department of Banking says: IN THE MATTER OF: LAW OFFICES OF TIMOTHY MCCABE, P.A. (“McCabe”) CONSUMER ASSISTANCE PROJECT, CORP f/k/a BACK OFFICE LAW PROJECT, CORP (“Consumer Assistance Project”) McCabe is a former attorney with offices at 30 S. M. Street, Lake Worth, Florida, and 1350 E. Newport Center Drive, Suite …
I received the following email from a Marlene Funk regarding an article from September, 2013 titled Consumer Assistance Project Website Raises Real Concerns. Be Careful. Marlene Funk was the organizer of the original company the student loan assistance company Consumer Assistance Project grew from. Ms. Funk stated, “I created Non-Profit Guardian Services, which has nothing …
Yesterday I had a consumer complaint and a story about Consumer Assistance Project, a company claiming to offer student loan elimination services. After writing my story I received a copy of a consumer agreement that was sent to them by Consumer Assistance Project. What follows is a plain language review of what the agreement says. …
A reader just submitted a complaint report about a company called Consumer Assistance Project. The consumer said the company said that for a fee they could “help eliminate debt and because I am a teacher, it was to be very successful.” The fee charged is alleged to be $5,698. This of course raised substantial red …
Consumer Statement: Before applying for the Public Service Loan Forgiveness Program, I did a google search for speaking to an advisor for student loan programs. I pulled up Consumer Assistance Project. Website: www.consumerassistanceproject.org For a “donation” they would apply for hundreds of public and private programs to help eliminate debt and because I am a …