VerdictStats

Consumer Financial Protection Bureau

In the Matter of Western Benefits Group, LLC

Settled$400KFineFiled: May 19, 2024

Western Benefits Group, LLC allegedly violated the Telemarketing Sales Rule (TSR) by charging advance fees for student-loan debt-relief services. Western Benefits Group also allegedly violated the Consumer Financial Protection Act of 2010 (CFPA) and the TSR by using deceptive acts or practices in the marketing and sale of its services. Specifically, Western Benefits Group allegedly misrepresented that it was endorsed, sponsored, or affiliated with the Department of Education; that fees paid by consumers would be applied towards paying off their student loans; and that its services would help consumers consolidate their student loans, would help lower consumers’ monthly student-loan payments, or would help consumers achieve loan forgiveness, according to CFPB.

Summary generated from official Consumer Financial Protection Bureau press release

Source: Consumer Financial Protection Bureau Press Release ↗

Parties

Defendants / Respondents
  • Western Benefits Group, LLC

Dates

Filed
May 19, 2024
Published
May 20, 2024

Case Details

Industry
Finance
Penalty Type
Fine