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Court Rules in FTC’s Favor Against Student Debt Relief Scammers

The U.S. District Court for the Central District of California has ruled in favor of the Federal Trade Commission in a case against the operators of a student loan debt relief scheme. The defendants are banned from telemarketing or providing debt relief services. The court found that the operators, doing business as Federal Direct Group, …

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Mission Hills Federal and Others Added to FTC Naughty List Over Student Loan Assistance

The Federal Trade Commission has amended its complaint in a student loan debt relief case, naming an additional defendant who allegedly took part in a scam that bilked more than $23 million from thousands of consumers with false claims that it would service and pay down their student loans. According to the FTC, Labiba Velazquez …

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Government Slams Shut Another Student Loan Assistance Company Over Deceptive Practices

The Federal Trade Commission has stopped a student loan debt relief scheme, alleging it bilked more than $23 million from thousands of consumers with false claims that it would service and pay down their student loans. After the FTC filed a complaint seeking to end the deceptive practices, a federal court temporarily halted the scheme …

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Mission Hills Federal – Consumer Complaint – June 25, 2018

Consumer Complaint Submission

Consumer Statement: Mission Hills Federal Student Loan Company. They changed the name of their company from National Secure Processing. I checked them out and they are not legitimate. Consumer Action Taken: I have not contacted them but I am going to go to My bank and file a Scam report. Date This Problem Happened: May …

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National Secure Processing / Student Loan Service Managers – Consumer Complaint – January 15, 2018

Consumer Statement: National Secure Processing (dba Student Loan Service Managers) contacted me in May 2014 using information supplied by the US Department of Education. National Secure Processing / SLS Managers told me that they worked hand-in-hand with Department of Education, and that their special relationship with DoE enabled them to dramatically reduce the amount of …

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National Secure Processing – Consumer Complaint – September 21, 2017

Consumer Statement: I don’t know these people three years ago my student loan was reviewed and after. 7 yrs of payments in the amt of 67.08 the loan would be terminated. Consumer Action Taken: I never subscribed to these people who are they? Each time i call i get a bogus response from a machine …

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National Secure Processing – Consumer Complaint – April 28, 2016

Consumer Statement: I was contacted by a company in March 2014 who presented themselves as holders of my consolidated student loan and said that I may qualify for a reduced monthly payment, based on my income. After a conversational exchange about my income, etc., they said that my new student loan payment would be $68/month, …

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National Secure Processing – Consumer Complaint – October 27, 2015

Consumer Statement: I filed for a loan consolidation with Nelnet in September of 2014. Payments of $44.08 have been held out of my account for the past year but I just recently found out the payments were not held out by Nelnet. They are being held out by a company called National Secure Processing. I …

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The Very Odd BBB Statement About Student Loan Service Managers – SLS Managers

A reader just posted a complaint about SLS Managers and in looking up the company address I came across the oddest comment by the BBB about this company. SLS Managers says they are located at 23172 Plaza Pointe #128, Laguna Hills, CA. – Source But the BBB says, “BBB received returned mail from “23172 Plaza …

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