THE news

WASHINGTON—The operators of a Los Angeles-based student loan debt relief scam have agreed to settle Federal Trade Commission charges that they falsely claimed to be affiliated with the Department of Education, charged consumers illegal upfront fees, and collected monthly fees they falsely claimed would be credited toward consumers’ student loans.

WASHINGTON—A North Carolina debt collection operation, Lombardo, Daniels & Moss, and its principals, Dion Barron and Charles R. Montgomery III, will be banned from the debt collection business under settlements resolving Federal Trade Commission charges that they used false threats to get people to pay for debts they did not owe, the FTC reported.

MISSION, Kan.–Several-dozen leaders of Kansas and Missouri credit union leaders spoke on behalf of their members’ interests during a roundtable discussion for credit unions with Mick Mulvaney, acting director for the federal Bureau of Consumer Financial Protectio