Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Victims of student loan debt relief scheme to receive refunds
The FTC is sending more than $273,500 in refunds to people who lost money to a student loan debt relief scheme that charged them illegal upfront fees and tricked them into believing their student loan payments would be permanently lowered or eliminated. A complaint filed by the Commission in September 2019 indicated Manhattan Beach Venture deceptively marketed payment relief and loan forgiveness programs to people looking for help with their student loans. Consumers were charged up to $1,400 in upfront fees and led to believe it went toward their student loans. MBV then funneled consumers into financing this fee through a high-interest loan with third-party lender Equitable Acceptance Corporation, another defendant in the scheme. The FTC is sending checks to 2,889 people, averaging about $95 each.
print
share