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FTC sends checks to people who paid for credit card debt relief services

The FTC is sending checks totaling more than $540,000 to 4,604 people who paid money to Life Management Services, Inc., a telemarketing company that used illegal robocalls to sell bogus credit card interest rate reduction and debt relief services.

The FTC and Florida Attorney General sued Life Management and several related companies. According to the lawsuit, the defendants bombarded people with illegal robocalls, falsely promised to lower their credit card interest rates or eliminate their debt, and charged them large upfront fees.

The lawsuit resulted in several court orders, which required the defendants to pay money to provide refunds and banned them from engaging in telemarketing and debt relief services.

If you get a check, please cash it within 90 days.

You can find answers to common questions about FTC refund payments on our FAQ page. If you have any other questions, please call the refund administrator at 877-381-0342.