On February 7, 2018, this company was sued by the Federal Trade Commission for practices related to their student loan debt relief operation. The United States District Court entered a Preliminary Injunction Order on November 29, 2018, and appointed a Receiver to take possession and control of American Financial Benefits Center d/b/a AFB and AF Student Services, AmeriTech Financial, and Financial Education Benefits Center. The Receiver conducted an investigation, issued a report to the Court, and has permanently suspended operations of the businesses.

We recommend that you immediately contact your student loan servicer. A list of student loan servicers can be found at: For free information about repaying your federal student loans, go to

The Receiver has established a webpage with information about the lawsuit which will be periodically updated.

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What Is A Secured Loan – Video

If you are a borrower who is looking to receive aid to go to college, you might want to steer clear of a secured loan. The Federal Government does not require you to receive a secure loan through one of their programs, it’s strictly something that private lenders will do. So what is a secured loan and why do you want to avoid it? Take a look at some of the facts.