Sentences with phrase «target debt relief scams»

While the Consumer Federal Protection Bureau is expected to scale back on enforcing consumer protection statutes, the FTC has increased their efforts to target debt relief scams.

Not exact matches

The Federal Trade Commission asked a federal court to shut down a scam that targeted financially distressed Americans by pitching a phony debt relief and credit repair program, and by falsely claiming the program was provided and funded by the federal government and endorsed by President Obama.

Student borrowers, known for desperation and high levels of debt after graduation, are often the target of scams that promise debt relief, student loan forgiveness, and more.

This is the eighth action the FTC has taken in Operation Game of Loans, the first federal - state law enforcement initiative targeting deceptive student loan debt relief scams.