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DamienJD
DamienJD, Lawyer
Category: Consumer Protection Law
Satisfied Customers: 12300
Experience:  Attorney. Well versed, understanding, friendly
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I took out a loan with Tuition Options to pay for some

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I took out a loan with Tuition Options to pay for some courses from the Online Trading Academy (OTA.) The FTC has filed a lawsuit against OTA saying that they need to stop operations cannot collect on loans related to their programs but the loan company keeps calling me.
JA: Because consumer protection law varies from place to place, can you tell me what state this is in?
Customer: The lawsuit was filed in CA but I live in CO
JA: Have you contacted the seller or manufacturer?
Customer: I am asking about the validity of a law suit.
JA: Anything else you want the Lawyer to know before I connect you?
Customer: No.

Hello: My name is Damien and I am an attorney.

Are you saying that the OTA loaned you money to take their courses? Or did you borrow money from a separate lender?

Customer: replied 9 days ago.
I texted my answer. Did you see it?

No. I do not see it. You would post it here.

DamienJD and 10 other Consumer Protection Law Specialists are ready to help you
Customer: replied 9 days ago.
There is currently an FTC (Federal Trade Commission) lawsuit against OTA. I am enclosing the case. Section 3 states that there is a prohibition against the collection of loan payments for any loan owed by any corporate defendant.
Customer: replied 9 days ago.
The loan was offered by Tuition Options who was the loan provider OTA recommended.
Customer: replied 9 days ago.
They sent me an email asking about this month's payment. I responded via email asking if this lawsuit applies to them. They have not yet responded but I am getting calls asking for paymet.

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