FTC sends checks to people who paid for credit card debt relief
The FTC is sending 7,687 checks totaling more than $5 million to people who paid for credit card debt relief from ACRO Services. The scheme used many names including American Consumer Rights Organization, Reliance Solutions, Thacker & Associates, and Tri Star Consumer Group.
The FTC sued ACRO Services, and the company paid money to settle. ACRO Services falsely promised to wipe out or lower people’s credit card debt if they paid a large upfront fee. The defendants charged thousands of dollars in fees and sometimes told people to stop making payments to their credit card companies.
The FTC is now using the money from the settlement to provide refunds to customers. The settlement also banned the defendants from debt relief services and telemarketing sales in the future.
If you get a check, please cash it within 90 days.
You can find answers to common questions about FTC refund payments on our FAQ page. If you have any other questions, please call the refund administrator at 1-877-753-2846.