Vermont AG Settles Case Against Student Loan Debt Consolidator


Vermont AG Settles Case Against Student Loan Debt Consolidator

Nov, 22nd 2016

In a settlement announced today, United Advisors Group LLC (“UAG”) agreed to stop doing business in Vermont, to reimburse $5,000 to Vermont residents who paid for their services, and to pay a penalty of $6,500. The company purported to aid consumers in consolidating their student loans in order to reduce their debt.

Rather than aid Vermonters in lowering their debt, UAG entered some consumers into debt deferral programs and collected fees while the debt grew, unbeknownst to the consumers. UAG’s behavior violated Vermont’s Consumer Protection Act. UAG also did business in Vermont without obtaining a Debt Adjuster License or the necessary bond.

“High student debt is enough of a problem without dishonest companies coming in and taking advantage of Vermonters...

Read More

Join Us. We are waiting for you!

Sign Up Today!

We welcome you to our community where you can gather and share information on debts and issues which may have your life unsettled. Together we thrive!

Logo mobile 4b2fda9e088d7249be95ede0cc3adea2de299a346ba55b450264e0c976b239c5

Join our community Today! IT'S FREE

Our Interactive Knowledge Base Has All The Infomation You Need To Settle Your Debt & Settle Your Life™


Join, Resolve & Share!