FTC bans Automatic Funds Transfer Services (AFTS) from processing debt relief payments


In a statement, FTC Consumer Protection Bureau Director Samuel Levine said, “Firms that facilitate fraud—especially against struggling student borrowers—need to pay a price. Many of these firms may operate in the background, but they’re very much in our sights.”


Have a story you want USA Herald to cover? Submit a tip here and if we think it’s newsworthy, we’ll follow up on it.

Want to contribute a story? We also accept article submissions – check out our writer’s guidelines here.