The operators of two Florida-based student loan debt relief schemes are banned from the debt relief business as part of agreements settling Federal Trade Commission allegations that they collected illegal upfront fees and falsely promised to help some consumers enroll in government programs that would reduce or forgive their student loan debt, according to a news release from the FTC.
The settlements with Student Debt Doctor (SDD) and American Student Loan Consolidators (ASLC) are part ofOperation Game of Loans, a coordinated federal-state law enforcement initiative targeting deceptive student loan debt relief schemes first announced by the FTC in October 2017.
People struggling to repay student debt should know that an offer of debt relie…
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