People That Got Scammed by Robocall Debt Relief Company Life Management Services of Orange County to Get Money Back

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The Federal Trade Commission and the Florida Attorney General are sending refunds totaling more than $540,000 to consumers nationwide who were defrauded by Life Management Services of Orange County, LLC, and related companies who tricked them into paying for worthless credit card interest rate reduction and debt elimination programs. The average check amount is $117. The FTC is … Read more

OneMain to Pay $20 Million for Deceptive Sales Practices

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The Consumer Financial Protection Bureau (CFPB) has ordered installment lender OneMain Financial to pay $20 million in redress and penalties for failing to refund interest charged to 25,000 customers who cancelled purchases within a purported “full refund period,” and for deceiving borrowers about needing to purchase add-on products to receive a loan. OneMain will pay … Read more

How Can I Deal With Payday Loan Debt?

There are legitimate ways to stop payday loans and cancel or pay less, depending on your specific situation. Here are some options to consider: Negotiate with the lender: You can try to negotiate with the lender to work out a payment plan that is more manageable for you. Explain your financial situation and offer to … Read more

9 Things to Know About House Republicans Move to Halt Biden’s Student Loan Forgiveness Program

What happened: House Republicans passed a resolution to terminate President Biden’s policy to cancel student loan debt for millions of borrowers. Who supported it: The resolution was supported by every Republican on the House Education and the Workforce Committee and introduced by Rep. Bob Good, R-Va. What the program entails: Biden’s program would cancel up … Read more