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International Business Times UK
International Business Times UK
Catherine Armecin Martin

Revealed: Turning Point USA Gave a Company Sanctioned Over Misleading Investment Claims Access to College Students

Turning Point USA Turning Point TPUSA Anna Anderson

A student loan refinancing company previously sanctioned over misleading investment claims has gained direct access to university audiences through a sponsorship arrangement with Turning Point USA, raising fresh concerns about financial marketing aimed at young borrowers.

The company, Yrefy, has been paying for speaking opportunities at Turning Point USA campus events, where it promotes both student loan refinancing products and investment opportunities to students and their families. Last year, the company agreed to a £554,000 ($750,000) settlement over allegations of deceptive marketing and misleading investment materials.

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