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Fees and banking

CFPB v. GST Factoring, Inc., et al

Checked October 15, 2026 against the official notice · Edited by Ferhat Abdullahoglu

FilingNothing to file: paid automatically

Free to check. We remind you before deadlines. You file on the official site.

Consumers who used debt-relief services from GST Factoring, Inc. and related defendants between 2015 and 2020 and were charged upfront fees may have received a payment. The CFPB mailed checks to eligible consumers starting in March 2023, and the distribution period ended in May 2026.

Who qualifies

  • Products: debt-relief services for private student loan debt.
“The defendants were part of an operation that used telemarketing to offer debt-relief services provided by attorneys to consumers with private student loan debt from 2015 through 2020.”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 2016-1815-02), 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.