This company is on the NerdWallet Student Loan Watch List. The list flags student-loan businesses and individuals hit by enforcement actions, court judgments or liens, or bad ratings from the Better Business Bureau. Learn more in Who Gets Listed.
In October 2017, Allied Doc Prep was included in a publicized crackdown on student debt relief fraud by the Federal Trade Commission and 12 attorneys general — a joint enforcement effort called “Operation Game of Loans.”
Allied Doc Prep was just one of many business names used by defendants, according to the FTC’s civil complaint, including Grads United Discharge, Post Grad Services, Post Grad Aid, Alumni Aid Assistance, United Legal Discharge, First Grad Aid, Academic Aid Center, Academic Protection, Academy Doc Prep, Academic Discharge and Premier Student Aid.
Also named in the complaint are Alliance Document Preparation; SBS Capital Group Inc.; SBB Holdings LLC; First Student Aid LLC; United Legal Center LLC; Elite Consulting Service LLC; Grads Doc Prep LLC; and Elite Doc Prep LLC.
At the time of this Watch List posting, the Better Business Bureau had given Allied Doc Prep a “D+” rating.
What the company claims to provide: Credit and debt consolidation services
Based: Los Angeles
Management: None listed
Sources: Better Business Bureau; California secretary of state