Frank R. Gebase (CFPB payments)
Checked October 15, 2026 against the official notice · Edited by Ferhat Abdullahoglu
Free to check. We remind you before deadlines. You file on the official site.
The CFPB sued Frank Ronald Gebase, Jr. and his company Processingstudentloans for illegally collecting fees from student loan consumers. Consumers who had fees collected from their bank accounts by Processingstudentloans without their consent may be eligible for a payment.
Who qualifies
- Anywhere in the United States.
- Products: student loan debt-relief services.
“The Bureau alleged that Processingstudentloans collected fees from consumer bank accounts even though they had never signed any agreements with the company or otherwise consented to the withdrawals.”From the court-approved notice
How to file
There's nothing to file: class members are paid automatically once the settlement is final.
Is this settlement legit?
Yes. It's a court-approved class action settlement (case 3:22-cv-00844-CAB-JLB), run by RUST Consulting. The official site is consumerfinance.gov. You never pay to file a claim. How to check a settlement notice.
Related settlements
ClaimWell summarizes the official notice so it's easier to read. It isn't legal advice; the official settlement site is the authority on who qualifies and what each claim pays.