In the Matter of Better Future Forward, Inc.

Better Future Forward, Inc. allegedly falsely represented that its ISAs are not loans and do not create debt, according to CFPB. Better Future Forward, Inc. also allegedly failed to give certain required disclosures and imposed prepayment penalties on private education loans in violation of the Truth in Lending Act, Regulation Z, and the CFPA, according to CFPB.

Summary generated from official Consumer Financial Protection Bureau press release