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The owner of Student Reform Associates, a debt-negotiation service company, was ordered by the Connecticut banking commissioner in 2016 to cease operations in the state for doing business without a license and failing to provide debt negotiation services.
Enforcement actions: Student Reform Associates was also ordered to repay nearly $3,000 to two customers.
What the company claims to provide: Loan consolidation, lower payments and customer enrollment in student-loan forgiveness programs
Based: La Jolla, California
Owner: Leonardi Ortiz
Sources: Connecticut court records; California state deeds