Over 22K Student-Loan Borrowers To Receive $9M In Refunds After Being Charged Up To $800 'Illegal' Fees: Watchdog
Source: benzinga.com
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The FTC says Ameritech Financial pocketed as much as $28 million from thousands of unsuspecting borrowers.
The FTC and DOJ announced thousands of student-loan borrowers will be getting refund checks after being scammed by a company over debt relief.
Ameritech Financial scammed 22,562 students and made millions. The DOJ and FTC are working to get them refunds.
More than $9 million in payments are going out to the thousands of people who lost money to a student loan debt relief scheme, federal officials announced Tuesday.