Refunds Sent to Students Deceived by Student Advocates’ Debt Relief Scam

The Federal Trade Commission is sending 14,521 checks totaling more than $822,000 to borrowers who lost money to a student loan debt-relief scheme that operated under the name Student Advocates. Consumers who receive checks should cash them within 90 days, as indicated on the check. Recipients who have questions about their refund should call the …

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Well Bless Danny’s Heart – EAC Student Loan Contracts – Biz Op Refund

Today Damon Day and I talk about three quick topics. The first is a reader comment from our last podcast on debt validation. Danny sure is irritated by the podcast. Next, we talk about the termination of financing agreements for student loan assistance services. Finally, we discuss how the FTC is sending refund checks to …

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The Quiet End of Equitable Acceptance Funding Student Loan Assistance

Yesterday the Court granted preliminary approval of a class action settlement against Defendants Equitable Acceptance Corporation and Jeffrey Henn. In the settlement agreement Equitable Acceptance will cease collection on all student loan assistance credit plans, is prohibited from selling and issuing Credit Plans in the future, and will credit bureaus to delete the Credit Plan …

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Why Does Equitable Acceptance Want to Hide Information From the Public

Can you believe this?

Equitable Acceptance has been or was a big player in the student loan assistance space. While it might not have been the intention of Equitable Acceptance to create an unfortunate situation of enabling less than stellar student loan relief companies to sell questionable services, sell the originated contracts to Equitable Acceptance, get paid a portion, …

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I Thought Progress Advocates Group and Equitable Acceptance Was the Department of Education Servicer

Question: Dear Steve, I am apparently paying equitable acceptance for my loan through progress advocates group for consolidating my student loan for four years now and I thought they were with the department of education so I’m a little confused and tried to Google and found these articles. Is this still going on? Please help …

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Equitable Acceptance Class Action Lawsuit Still Ongoing

I was dealing with a reader submission when I stumbled across a class-action lawsuit filed against Equitable Acceptance, SLF Center, and Integra Student Solutions in 2018. The case is still active and ongoing. I also came across this court document that says any consumer that owes Equitable Acceptance for student loan assistance, does not have …

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Equitable Acceptance – Consumer Complaint – October 10, 2019

Consumer Statement: I enrolled with Equitable Assistance that stated they could lower my school load payments by signing up with them stating that I would pay them this fee and my loans would remain low. They got my payment lowered considerably the first year. Apparently they do not actually provide the service but pass it …

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Equitable Acceptance Named in Suit by FTC in Student Loan Assistance Scheme. Contracts Not Due.

Equitable Acceptance has apparently taken the position they are nothing more than a contract financing company for the student loan assistance industry. They also state they are involved in other industries as well. But in the student loan assistance space, Equitable Acceptance has seemingly enabled fly-by-night student loan debt relief companies to pop up, make …

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Equitable Acceptance – Consumer Complaint – September 10,2019

Consumer Complaint Submission

Consumer Statement: I started paying Equitable Acceptance sense 2016. They told me they would enroll me in the loan forgiveness program. I am so confused. I just called them and the representatives told me if I need more information l would have to email admin@Integra.com. I never received any kind of document stating what I …

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