FTC sends checks to people who paid to lower their interest rates
The FTC is mailing 305 checks totaling nearly $315,000 to people who paid up-front fees for worthless credit card interest rate reduction programs from Payless Solutions LLC.
According to the FTC and the Florida Attorney General, Payless Solutions made illegal sales calls and claimed that their interest rate reduction program would save purchasers at least $2,500 and help them pay off their debts more quickly. Purchasers paid up-front fees, but didn’t get the promised results.
If you get a check, please cash it within 60 days.
If you have any questions, please call the refund administrator at 1-866-759-6513.