Student Loan Pro Sued For an Unlawful Student Loan Debt Relief Scheme

On March 16, 2021, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Student Loan Pro, a California-based company providing services to clients applying for federal student loan enrollment programs. 

The lawsuit alleges the company violated the Telemarketing Sales Rule (TSR), by charging around 3,300 consumers with approximately $3.5 million in illegal fees to apply on their behalf for debt-relief programs that were otherwise offered for free by the United States Department of Education.

The Student Loan Pro owner and manager, Judith Noh and Syed Gilani respectively, were also personally sued for the TSR violations. The lawsuit includes their other company, FNZA Marketing LLC, which was allegedly the recipient of certain amount of funds obtained by the defendants from charging unlawful advance fees.

The CFPB seeks redress to consumers, injunctive relief and civil money penalties against Student Loan Pro, Noh and Gilani, and disgorgement of funds from FNZA.

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