FTC refund program · Open

FTC BCO Consulting Refunds

The FTC is sending 6,269 checks totaling $743,230 to people who paid BCO Consulting for student debt relief services, sold under names including Students Loan Services, SLA Consulting Services, and Student Loan Advocates. The FTC alleged the operators posed as the Department of Education, charged illegal upfront fees, and falsely promised loan forgiveness. Payments go out automatically with no claim form, and a check should be cashed within 90 days. The FTC's page does not state a date range for affected customers, so call the administrator, Analytics, at 1-844-656-5198 to check. The FTC will not ask you to pay money to receive a refund.

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.