Eric Caldwell

Student Loan “Relief” Company Gets Nailed by FTC—And You Won’t Believe Who’s Now on the Hook

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Ever get that sinking feeling you’ve been played? That the people promising to “help” you were actually the ones tightening the trap? Yeah—welcome to the world of shady student loan debt relief. The FTC just dropped a fresh batch of defendants into one of their biggest student loan scams in recent memory. And the story …

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California Cracks Down on Illegal Student Loan Debt Relief Companies

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The California Department of Financial Protection and Innovation (DFPI) announced it is requiring a Tustin-based student loan debt-relief company, Amerifed Doc Prep LLC, to pay penalties and refunds totaling more than $1.37 million after finding the company violated the California Consumer Financial Protection Law (CCFPL) by collecting illegal advance fees prohibited under the federal Telemarketing …

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