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CFPB Takes Action Against Western Benefits for Swindling Student Loan Borrowers

News Consumer protection English Sanctions & Fines
Date: 20th May, 2024 Source: Consumer Financial Protection Bureau Country: USA Original Source

Brief

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against Western Benefits Group for charging illegal advance fees for student loan debt relief services and misrepresenting to consumers that advance fees would go toward paying down their loans. The CFPB found Western Benefits also misrepresented that it was affiliated with and endorsed

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WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against Western Benefits Group for charging illegal advance fees for student loan debt relief services and misrepresenting to consumers that advance fees would go toward paying down their loans. The CFPB found Western Benefits also misrepresented that it was affiliated with and endorsed

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Consumer Financial Protection Bureau

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