Sentences with phrase «promises about their debt relief»

Last year the Consumer Financial Protection Bureau took action against two companies — College Education Services and Student Loan Processing — that it said «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.»

In two high profile cases, the CFPB and Florida's Attorney General shut down student loan debt relief company College Education Services and, separately, filed a lawsuit against Student Loan Processing US for running illegal debt relief services that, «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.»

Not exact matches

The Federal Trade Commission warns about tax relief companies that promise they can provide relief from tax liabilities or misrepresent how long it will take to process debt relief application.

Debt relief is something that may sound too good to be true, but it's so enticing that most of us wouldn't think twice about picking up the phone and speaking to a person who will promise to wipe our slate clean.