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CFPB files complaint against alleged financial aid scam
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Case Law, Consumer Protection
Friday, November 6, 2015
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Citing deceptive acts or practices under the Dodd-Frank Act’s UDAAP provisions, the Consumer Financial Protection Bureau has filed complaint against Global Financial Support and its CEO for an alleged scam in which consumers were led to believe they would receive individualized federal financial student aid services. Read on for more details.
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