Money Owed To Me

CFPB consumer payment · Open

Performance SLC advance-fee CFPB redress

The CFPB found that Performance SLC charged federal student-loan borrowers roughly $1,000 to $1,450 in upfront fees to file paperwork they could have filed themselves for free, and that its sister company Performance Settlement signed people up for debt relief by falsely telling them they had been considered and rejected for a loan. Redress has been going out since February 2024 and the CFPB lists it as ongoing. If you paid either company you may be eligible, and no claim form exists. Amounts are estimates rather than guarantees, and the administrator does not charge.

Official program page

There is no claim form for this one. The administrator pays consumers it has already identified, so the useful step is to make sure they can reach you — not to file anything. Anyone offering to file it for you, for a fee, is selling you nothing.

Facts from the official materials

Status
Open
Type
CFPB consumer payment
Category
Education
Defendant / company
Performance SLC, LLC, Performance Settlement, LLC and Daniel Crenshaw
Administrator
Rust Consulting (CFPB third-party administrator)
Claim deadline
See official notice
States
See official notice (often nationwide)
Proof
No claim to file — payments are sent automatically
Possible amount
Varies — paid automatically, no claim form
Source confidence
high
Last verified
September 6, 2026

Covered products and services

  • Performance SLC student-loan document preparation
  • Performance Settlement debt relief

CFPB v. Performance SLC, LLC, Performance Settlement, LLC and Daniel Crenshaw · U.S. District Court, Central District of California

The CFPB's order entered redress judgments of about $10.4 million for people harmed by Performance SLC and about $704,000 for people harmed by Performance Settlement. What each person receives is decided by the administrator from fee records, so amounts are estimates rather than promises. There is no claim form and no fee.

Eligibility questions

These questions help you decide whether to read the official notice. They are not a legal determination.

Did you pay Performance SLC or Performance Settlement an upfront fee for student-loan or debt-relief help?
Were you told you had been turned down for a personal loan before being offered debt relief?

The CFPB found this sales tactic was used to move people into the debt-relief product.

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