Company Information

Get to know american student debt solutions

American Student Debt Solutions (ASDS) operated as a private company that offered fee-based services to help student loan borrowers apply for federal programs, such as income-driven repayment plans and loan consolidation. The company marketed itself as a third-party document processor, assisting clients in preparing and submitting applications to the U.S. Department of Education. However, investigations by federal and state regulators revealed that the company engaged in deceptive practices, leading to a permanent operational ban in 2023.

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american student debt solutions

United States

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.