The Mission Hills payment is a second automatic FTC refund for selected student loan debt relief customers who cashed the first check and met the program’s payment threshold.
What Is the Current Status?
The FTC is sending 10,138 second-round checks totaling more than $627,000 to people who cashed their first Mission Hills Federal refund and paid the defendants more than $430. Recipients should cash the new check within 90 days.The first March 2024 distribution resulted in more than $3.4 million in completed refunds. This second round is automatic and does not have a public application.
What Was the Mission Hills Case About?
The FTC alleged that a student loan debt relief operation charged illegal upfront fees and falsely promised to reduce monthly payments or obtain loan forgiveness. According to the agency, the companies did not apply the collected money to borrowers’ student loan balances and did not secure the promised forgiveness.The FTC won the case, obtained money for consumer refunds, and secured bans on telemarketing and debt relief services for the defendants.
Which Company Names Were Used?
The operation used Mission Hills Federal, Federal Direct Group, National Secure Processing, and The Student Loan Group. A recipient may recognize one of those names on old billing records or on the first refund check.Why Did Some People Get a Second Check?
The current round uses remaining funds and is limited to people who both cashed the first check and paid the defendants more than $430. Someone who did not receive the second check cannot create eligibility through a third-party recovery service.Frequently Asked Questions
Who gets the second Mission Hills Federal refund?
The FTC is sending checks to 10,138 people who cashed their first check and paid the defendants more than $430.
How much is the second Mission Hills distribution?
The second round totals more than $627,000. The first round resulted in more than $3.4 million in completed refunds.
What other names were used?
The FTC lists Federal Direct Group, National Secure Processing, and The Student Loan Group in addition to Mission Hills Federal.
Can I file a new Mission Hills refund claim?
No public claim form is open. The second payment uses the records from the first payment round.
Sources
• FTC — Mission Hills Federal refund program• FTC — first Mission Hills refund announcement
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