FTC sends checks to people who paid for student loan debt relief
The FTC is mailing 20,988 checks totaling more than $3.1 million to people who paid Strategic Student Solutions for student loan debt relief and credit repair. According to the FTC, Strategic Student Solutions (also doing business under other names) charged people illegal upfront fees and falsely promised to:
- reduce their student loan debt or monthly payments by enrolling them in student loan forgiveness or other programs
- apply their monthly payments to their student loans, and
- improve their credit scores and histories.
If you get a check, please cash it within 60 days.
If you have questions about this refund program, please call the refund administrator at 1-888-304-0184.