It has been a while since I’ve written about the power of Connecticut when it comes to challenging debt relief companies. Two California companies have learned that painful lesson. Optima Advocates and Optima Student Loan Services were recently issued a Consent Order from the State Banking Commissioner. The allegation is the companies violated the law. …
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 …
Date Received: 2018-12-08T00:00:00.000 Product: Private student loan Issue: Dealing with your lender or servicer Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: Received a call from one of their representatives in XX/XX/2018, telling me about student loan refinance and pay off at a lower and more manageable payment. Put me on a payment …