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“Student Debt Doctor” Forced to Give Refunds: Link Fixed

If you were a victim of the “Student Debt Doctor” scheme, the Federal Trade Commission says they must give you a refund.

The FTC is forcing them to refund $2 million to people who paid for their service. If you receive a check, cash it immediately, because it’s only good for 90 days. More details here. (link fixed)

Both the CFPB and the FTC are on the hunt for credit repair and debt relief businesses that are violating law. If you operate any type of financial repair business, make sure you know the state and federal laws, especially concerning things like:

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