DFPI launches research into student-loan debt-relief businesses and takes action against Optima Advocates

The Ca Department of Financial Protection and Innovation (DFPI) today established a study into whether student-loan debt-relief businesses running in California are participating in unlawful conduct beneath the California that is new Consumer Protection Law (CCFPL) and scholar Loan Servicing Act (SLSA). The DFPI also issued a action that is formal one particular business, Optima Advocates, Inc., which took cash …