What Sallie Mae Just Told the SEC About a ‘Refinance’ That Is Actually a Default Trap
Sallie Mae told the SEC that some ‘refinance’ pitches are really pushing able-to-pay borrowers into default. Here’s the filing and what to do instead.
FTC Telemarketing Sales Rule
They Said I Have to Pay the Debt Settlement Company Before They Do Anything
A debt settlement company telling you to pay a fee before they settle anything isn’t industry standard — it’s a federal violation. The FTC’s Telemarketing Sales Rule has banned advance fees since 2010.
I Paid a Debt Settlement Company and Nothing Happened. Here’s What to Do Right Now.
I paid into a debt settlement program for months — and nothing settled. You have legal rights: the FTC advance-fee ban and the right to get your escrow money back in 7 days. Here’s what to do right now.
15 New Federal Lawsuits Filed Against Debt-Relief Companies Since May
15 federal lawsuits hit debt-relief and credit-repair companies since May. Here is who is on the docket and how to check any company first.
A Debt Relief Company Is Being Sued for Fake VA Emails — Here Are 7 Red Flags That Mean Any Company Is Cutting Corners to Find You
A federal lawsuit alleges fake VA emails and tracking pixels. Here are 7 red flags that any debt relief company is cutting corners to find you.
FTC Telemarketing Sales Rule: Key Takeaways
Quick Answer: The FTC’s Telemarketing Sales Rule targets attorney model debt settlement companies that use mass marketing and affiliates, distinguishing them from legitimate local attorneys with traditional client relationships. The regulation aims to close loopholes in debt relief advertising and sales practices.On November 13, 2010 we held the Rally in Raleigh, a meeting of debt …
