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FTC - Federal Trade Commission

04/16/2026 | Press release | Distributed by Public on 04/16/2026 12:08

NERD Solutions - In April 2026, the FTC obtained a temporary restraining order against alleged student loan debt relief scheme NERD Solutions and its operators over allegations[...]

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Last Updated

April 16, 2026

Case Status

Pending

Case Summary

In April 2026, the FTC obtained a temporary restraining order against alleged student loan debt relief scheme NERD Solutions and its operators over allegations they pretended to be affiliated with the U.S. Department of Education or loan servicers and falsely promised student loan debt relief that did not exist in exchange for illegal upfront fees.

Case Timeline

April 16, 2026

File

Complaint For Permanent Injunction, Monetary Judgment, and Other Relief (27.07 MB)

File

Ex Parte Temporary Restraining Order with Asset Freeze and Other Equitable Relief, and Order to Show Cause Why a Preliminary Injunction Should Not Issue (211.36 KB)

PRESS RELEASE: FTC Stops Operation that Allegedly Targeted People Seeking Student Loan Debt Relief

FTC - Federal Trade Commission published this content on April 16, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 16, 2026 at 18:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

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