Company Information

Get to know FES Credit Doctor

Financial Education Services (FES), which also operated as United Wealth Education, was a Michigan-based multi-level marketing (MLM) company founded in 2004. The company's primary offering, provided through its subsidiary United Credit Education Services (UCES), was a "Protection Plan" that included credit repair, identity theft protection, and other financial tools. FES recruited agents to sell these plans and to recruit more agents, promising significant income. In 2022, the FTC filed a lawsuit against FES, alleging that it was operating an illegal credit repair business and a pyramid scheme. In April 2023, the company and its owners agreed to a settlement that permanently banned them from the credit repair and MLM industries.

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Financial Legal ServicePRIMARY
Financial Other Service

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FES Credit Doctor

United States

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.