On April 16, the FTC announced that it obtained a temporary restraining order against a debt relief operation over allegations that it engaged in deceptive student loan relief practices in violation of the FTC Act, the Telemarketing Sales Rule, the Impersonation Rule, and the Gramm-Leach-Bliley Act.
The complaint alleges that, since at least February 2022, the company marketed student loan debt relief services through outbound telemarketing campaigns that targeted consumers nationwide. Specifically, the FTC alleges that the operation:
- Misrepresented loan forgiveness outcomes. The company allegedly claimed it could secure student loan forgiveness for consumers, despite not obtaining such results for most.
- Falsely implied…