Consumers may have received refund checks from several Federal Trade Commission (FTC) settlements in the past month.
GAFS Group refunds
The FTC is sending $1 million in refund checks to 1,966 consumers who may have been harmed by GAFS Group debt-collection schemes.
According to the FTC, GAFS Group operated schemes that tricked consumers into paying debts they didn’t actually owe. In some cases, GAFS allegedly threatened to sue consumers if they didn’t pay these debts.
The debt-collection schemes were reportedly operated under a number of names, including GAFS Group, Global Mediation Group and Mediation Services.
Class members may receive a claim form to benefit from this refund. Those who receive a claim form should file a claim online or mail a completed form to the refund administrator by Sept. 18, 2022.
Consumers who receive a GAFS Group FTC refund check should cash it within 90 days. Those who receive their FTC refund as a PayPal payment should accept it within 30 days.
Additional questions can be directed to Analytics Consulting LLC at 866-948-2713.
LendingClub refunds — second distribution
LendingClub borrowers may be able to benefit from $9.7 million in FTC refund checks if they were charged hidden fees by the lender.
In its lawsuit, the FTC accused LendingClub of charging borrowers hundreds or thousands of dollars in up-front fees despite explicitly promising ”no hidden fees.”
According to…
