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$3.5 Million in Refund Checks Are Coming to These Student Loan Borrowers - Vimarsana News

$3.5 Million in Refund Checks Are Coming to These Student Loan Borrowers

Published: July 10, 2023

More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating, settling,...

Source: yahoo.com

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Department Of Education Consumer Financial Protection Bureau Us Department Of Education Timemark Solutions Supreme Court Loan Forgiveness Telemarketing Sales Rule President Biden Federal Trade Commission Federal Student Aid

Over 7,100 student-loan borrowers will get $3.5 million in refunds after a debt relief company was accused of illegally charging them up to $699 in fees to reduce their federal balances, a consumer watchdog says - Vimarsana News

Over 7,100 student-loan borrowers will get $3.5 million in refunds after a debt relief company was accused of illegally charging them up to $699 in fees to reduce their federal balances, a consumer watchdog says

Published: July 7, 2023

The CFPB is cracking down on Timemark, a student-debt relief company, for charging fees for loan forgiveness services that are normally free.

Source: yahoo.com