California Cracks Down on Illegal Student Loan Debt Relief Companies

The California Department of Financial Protection and Innovation (DFPI) announced it is requiring a Tustin-based student loan debt-relief company, Amerifed Doc Prep LLC, to pay penalties and refunds totaling more than $1.37 million after finding the company violated the California Consumer Financial Protection Law (CCFPL) by collecting illegal advance fees prohibited under the federal Telemarketing … Read more