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The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On January 26, 2022, CBC Conglomerate LLC, Dba 1File.org, entered into a Stipulated Order for Permanent Injunction and Monetary Judgment with the Federal Trade Commission. The order settles allegations that the business participated in deceptive acts or practices in violation of federal law in the marketing and sale of student loan debt relief services. Under terms of the order, the business is banned on debt relief products and services, prohibited against misrepresentations and unsubstantiated claims, and ordered to pay monetary judgment and partial suspension in the amount of $22,079,787.30. The business relinquish dominion and all legal and equitable right, title, and interest in all assets transferred pursuant to this Order and may not seek the return of any assets. The order was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law.
This action is final.
At-a-glance
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Business Details
- Location of This Business
- 5772 Bolsa Ave # B220, Huntington Beach, CA 92649-1134
- BBB File Opened:
- 1/14/2015
- Business Started:
- 7/23/2012
- Business Incorporated:
- 7/23/2012
- Type of Entity:
- Limited Liability Company (LLC)
- Alternate Business Name
- Education Loan Network
- Hours of Operation
Primary
- M:
- 8:00 AM - 6:00 PM
- T:
- 8:00 AM - 6:00 PM
- W:
- 8:00 AM - 6:00 PM
- Th:
- 8:00 AM - 6:00 PM
- F:
- 8:00 AM - 6:00 PM
- Business Management
- Mr. Carey G Howe, Vice President
- Contact Information
Principal
- Mr. Carey G Howe, Vice President
Customer Contact
- Mr. Carey G Howe, Vice President
Customer Complaints
1 Customer Complaints
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File a ComplaintMost Recent Customer Complaint
05/19/2021
- Complaint Type:
- Billing/Collection Issues
- Status:
- BBB unable to locate business
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