Blog archive

The CFPB took action against the check cashing and payday loan company All American and its owner, Michael Gray, for failing to disclose the cost of cashing a check, using deceptive tactics to prevent consumers from canceling or refunding a transaction, and making deceptive statements about the benefits of its high-cost payday loans.

In July, 122,507 consumers harmed by BrightSpeed Solutions and its founder, Kevin Howard, will begin receiving refund checks in the mail. CFPB sued the privately-owned, third-party payment processor for knowingly facilitating payments for companies that tricked consumers into expensive and unnecessary antivirus software or services.

Consumers who were tricked into paying loans they did not actually owe will receive payments from the Consumer Financial Protection Bureau’s civil penalty fund.

More than 118,000 consumers who were falsely promised lower interest rates and larger loan amounts if they moved up the “LendUp Ladder” will receive checks in the mail this month.

More than 8,500 consumers who were misled and charged illegal fees by Performance SLC for federal student loan debt-relief services will receive checks in the mail this month.

845 consumers will receive checks from a lawsuit against the owner of a student loan debt-relief company that withdrew hundreds of thousands of dollars from borrowers without authorization.

Timemark, Inc. collected illegal advance fees from more than 7,100 consumers seeking to renegotiate, settle, reduce, or alter the terms of their loans.

More than 6,500 consumers who were misled by false promises and paid fees to Burlington Financial Group will receive checks in the mail this month.

More than 78,000 consumers harmed by College Financial Advisory and Student Financial Resource Center will receive checks in the mail this month.

Consumers harmed by GST Factoring, Inc., Champion Marketing Solutions, Amanda Johnson, David Mize, Jacob Slaughter, and Daniel Ruggiero will receive money from the CFPB Civil Penalty Fund.

The CFPB will distribute over $95 million in redress to over 87,000 consumers harmed by a student loan debt relief enterprise operated by Consumer Advocacy...

Consumers will receive checks from the CFPB’s enforcement action against five student loan debt-relief companies associated with Monster Loans and Lend Tech Loans for violating consumer protection laws.

People who were charged illegal fees by Howard Law, P.C. for seeking debt relief may receive compensation from the CFPB.

People who were falsely threatened with legal action by the debt collector will receive compensation from the CFPB’s Civil Penalty Fund.

See if you’re eligible for payment from the CFPB’s order against U.S. Equity Advantage.

Thousands of people will receive compensation for RushCard outages in 2015.

Did you sign up for debt settlement services with Morgan Drexen? You could be eligible for compensation.

We'll never ask you to pay money or provide additional information to cash a check. Contact us if you think the check you received might be a scam.

Morgan Drexen has gone out of business. If you are a Morgan Drexen customer, you must take action on your debts. You can also request a refund of any money...

Whether you are a veteran transitioning to life in the civilian world or a consumer facing economic challenges – for example, seeking work after becoming...

When we pursue an enforcement action against a person or company for violating a federal consumer financial protection law, the person or company may have...