debt collection

More than $822,000 Returned to Students Deceived by Student Advocates’ Debt Relief Scam

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The Federal Trade Commission is sending 14,521 checks totaling more than $822,000 to borrowers who lost money to a student loan debt-relief scheme that operated under the name Student Advocates. Consumers who receive checks should cash them within 90 days, as indicated on the check. Recipients who have questions about their refund should call the …

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FTC Returns More Than $9.7 Million To Consumers Harmed by LendingClub’s Deceptive Hidden Fees

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The Federal Trade Commission is sending payments totaling more than $9.7 million to 61,990 consumers who were charged hidden fees by LendingClub Corporation. These payments are the result of a claims process conducted by the FTC in February 2022. It is the second distribution of funds in this matter and brings the total amount refunded to consumers …

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FTC Returns More Than $1 Million To Consumers Harmed by Global Asset Financial Services Debt Collection Scheme

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The Federal Trade Commission is sending payments totaling more than $1 million to 1,966 consumers who were harmed by a debt collection scheme that conned consumers into paying debts they did not owe. The defendants used several names including GAFS Group, Global Mediation Group, and Mediation Services. Consumers will be recovering all the money they …

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