FTC Wraps up Major Phone Cramming Case as Remaining Defendants Settle Charges Defendants behind American eVoice are banned from all landline or mobile telephone billing The remaining defendants behind a massive landline cramming operation agreed to settle Federal Trade Commission charges that they placed more than $70 million in unauthorized charges on consumers’ phone bills.… Read More

Some people have gotten an email that claims to be from Maureen Ohlhausen, the FTC’s Acting Chairman. But it’s not. The email asks you to give your bank account information – so, it says, you can get money from the government’s settlement with Western Union. The email is a scam to steal your financial information.… Read More

FOR IMMEDIATE RELEASE: June 22, 2017 CONTACT: Office of Communications Tel: (202) 435-7170 CONSUMER FINANCIAL PROTECTION BUREAU SPOTLIGHTS BORROWER COMPLAINTS ABOUT STUDENT LOAN SERVICERS MISHANDLING PUBLIC SERVICE LOAN FORGIVENESS PROGRAM Consumer Bureau Launches “Certify Your Service” Campaign to Help Teachers, First Responders, and Other Public Servants Stay on Track Washington, D.C. – The Consumer Financial Protection… Read More

The U.S. Department of Education has  announced that it is postponing  “until further notice” the July 1, 2017 effective date of various provisions of the “borrower defense” regulation issued last November.  One of these provisions is a ban on arbitration agreements and class action waivers.  The Department’s Federal Register notice lists the specific provisions, which… Read More

FTC Returns Money to Victims of Auto Loan Modification Scheme The Federal Trade Commission is mailing 288 checks totaling more than $109,000 to people who paid an up-front fee to Regency Financial Services, which promised to get them better terms for their auto loans. According to the FTC, the company and its CEO, Ivan Levy,… Read More

Please contact us if Nextep Funding LLC financed a service transaction for you at any time between June 7, 2016 and the present.… Read More

CONSUMER FINANCIAL PROTECTION BUREAU TAKES ACTION AGAINST FAY SERVICING FOR FAILING TO PROVIDE MORTGAGE BORROWERS WITH PROTECTION AGAINST FORECLOSURE Fay Servicing to Pay up to $1.15 Million to Borrowers Harmed by Illegal Servicing Practices Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against mortgage servicer Fay Servicing for failing to provide… Read More