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As we told you about in this recent post, Online Trading Academy (OTA) is sending letters and email notices to people who are eligible for debt forgiveness. These notices are real, so don’t delete or throw them away, and check your spam or junk folders in case the email notice was directed there. They have important instructions on how to ask for your debt forgiveness from OTA.

If you haven’t seen a letter or email notice, and want to see if you qualify to have your outstanding OTA debt forgiven and removed from your credit report, visit ftc.gov/OTA. But you should act quickly. You have until Friday, November 13, 2020, to ask OTA for debt forgiveness. To let them know, or if you have questions, call OTA at 1-877-755-1650 or email OTA at myeducation@tradingacademy.com. You can also email the FTC at OTASettlement@ftc.gov.

For more information on the FTC’s settlement, visit www.ftc.gov/OTA. And remember, if you’ve been scammed by an investment program or seminar, report it to the FTC at ftc.gov/complaint.

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tjxprss
October 27, 2020
On the OTA for debt assistance, if possible can you extend the time, just received today.
katabel63
October 28, 2020
I am not finding any page to see if i got a letter will not take me where it shows if i Qualify
FTC Staff
October 28, 2020

In reply to by katabel63

If you haven’t seen a letter or email notice, and want to see if you qualify to have your outstanding OTA debt forgiven and removed from your credit report, visit ftc.gov/OTA. 

Mike Mike
February 08, 2021
I paid in cash up front. How can I get some of my money back?
2019G
August 19, 2021
I wrote FTC in September 2020 and they referred me to OTA, but OTA claims that I did not qualify. Yet all the people that signed up for the training with me either received a refund or debt forgiveness. Wahoo!!!
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