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Student Loan Assistance Company Defendant Agrees to Pay $11 Million in Settlement

Additional defendants involved with student loan debt relief schemes have been permanently banned from selling debt relief services pursuant to settlements with the Federal Trade Commission. The FTC alleged that they tricked consumers into paying illegal upfront fees in hopes of reducing or eliminating their student loan debt. One of the defendants, Brenda Avitia-Pena, has … Read more

More Facts Emerge Where Debt Relief Companies Dragged Down Payment Processor

In the Federal Trade Commission (FTC) and State of Ohio suit against a payment processor that was taking care of payments made to two student loan assistance companies, interesting additional details have emerged. My post on the shuttering of companies can be found here. The point of the spear here looks like a company named … Read more