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CFPB Fines Debt Relief Co. $400K For Charging Illegal Fees

By Katryna Perera (May 20, 2024, 9:31 PM EDT) -- The Consumer Financial Protection Bureau on Monday ordered Western Benefits Group to pay a $400,000 civil money penalty and permanently cease operations after finding that the company charged illegal advanced fees for student loan debt relief services and falsely told consumers the advanced fees would be applied toward paying down their debt....

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