Consumer Statement: I was scammed by SDRG Student Debt Relief Group for hundreds of dollars. They claimed that I would pay off my loans off quicker and with fewer payments. They also promise debt forgiveness and that also was a lie. Consumer Action Taken: Try to get my money back and shut them down for …
The Federal Trade Commission, along with 11 states and the District of Columbia, today announced “Operation Game of Loans,” the first coordinated federal-state law enforcement initiative targeting deceptive student loan debt relief scams. This nationwide crackdown encompasses 36 actions by the FTC and state attorneys general against scammers alleged to have used deception and false …
The group of companies known as StuDebt, Student Debt Relief Group, SDRG, Student Loan Relief Counselors, SLRC, and Capital Advocates Group was raided by the FTC in a consumer crackdown. You can read the article about the initial court action against the companies here. The court appointed a Receiver to takeover the companies during this …
The Federal Trade Commission recently went after StuDebt, Student Debt Relief Group, SDRG, Student Loan Relief Counselors, SLRC, and Capital Advocates Group, M&T Financial Group, American Counseling Center Corp, and Salar Tahour. These related entities are not alone in this sweep by the FTC against student loan assistance companies. Many of these companies were operating …
NerdWallet has published a list of 130+ student loan assistance companies that they say consumers should be wary of. They say “This Watch List names companies that charge for fraudulent or questionable debt relief services.” Companies that made the list have been investigated, penalized, or sued by state or federal authorities. The companies they list …