FTC sends refunds to people charged upfront fees for student loan debt relief
The FTC is sending more than $1.7 million in refunds to 19,426 people who lost money to a debt relief scheme that used several business names, including Student Debt Relief Group, SDRG, Student Loan Relief Counselors, SLRC, StuDebt, and Capital Advocates Group. According to the FTC, these companies tricked people into thinking they were affiliated with the Department of Education, charged illegal upfront fees for free government programs, and collected monthly fees they falsely claimed would be credited toward student loans.
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If you would like to get your refund in a different payment method than the one you received, or if you have other questions, please call the refund administrator at 1-833-961-3421.