American Student Loan Consolidators LLC

Last Updated:
Federal Trade Commission, Plaintiff v. American Student Loan Consolidators LLC, a Florida limited liability company doing business as ASLC Processing; BBND Marketing LLC, a Florida limited liability company doing business as United Processing Center, United SL Processing, and United Student Loan Processing; Daniel Upbin, individually and as an owner, officer, or manager of American Student Loan Consolidators LLC and BBND Marketing LLC; and Patrick O’Deady, individually and as owner, officer, or manager of American Student Loan Consolidators LLC and BBND Marketing LLC; Defendants.
FTC Matter/File Number:

172 3076

X170053

Civil Action Number:

0:17-cv-61862-DPG

Enforcement Type:

Federal Injunctions

Federal Court:
Southern District of Florida

Case Summary

In December 2018, the operators of a student loan debt relief scheme agreed to pay approximately $1.3 million to settle Federal Trade Commission allegations that they pretended to be affiliated with the U.S. Department of Education or with consumers’ loan servicers, and tricked consumers into believing that illegal upfront fees were being used to pay off their student loans. In July 2020, the FTC announced it was mailing checks totaling more than $1 million to individuals who lost money to the scheme.