FEDERAL DIRECT GROUP
Learn about this charge and why it appears on your credit card statement
Last updated: Sep 15, 2026
0 user reports
Also Appears on Statements As:
- Elegant Solutions, Inc.
- Cosmopolitan Funding, Inc.
What Is This Charge?
The FTC alleged that Federal Direct Group falsely claimed to provide debt relief services and charged illegal upfront fees. Source: FTC press release, July 2020: Court Rules in FTC’s Favor Against Student Debt Relief Scammers (https://www.ftc.gov/news-events/news/press-releases/2020/07/court-rules-ftcs-favor-against-student-debt-relief-scammers)
Why You May Not Recognize This Charge
This charge descriptor was named in a regulatory enforcement action (FTC press release, July 2020: Court Rules in FTC’s Favor Against Student Debt Relief Scammers). If you see this charge on your statement and did not knowingly sign up for the product or service, review your statement for related charges, contact your card issuer to dispute the charge, and consider requesting a replacement card.
When Should You Be Concerned?
Consider reaching out to your bank or card issuer if you don't recognize this charge, didn't authorize it, or see it appear multiple times without explanation. We don't determine whether a charge is fraudulent — only your bank or the merchant can do that.
What to Do Next
- Check your recent purchases and receipts to see if the charge matches anything you bought.
- Contact your bank or credit card company if you don't recognize the charge — they can help verify it or dispute it.
- Monitor your account for any additional unusual activity.
Community Feedback
Add Your Experience
Also Appears on Statements As
CHKCARD FEDERAL DIRECT GROUP
CHECKCARD FEDERAL DIRECT GROUP
POS Debit FEDERAL DIRECT GROUP
POS PUR FEDERAL DIRECT GROUP
POS PURCH FEDERAL DIRECT GROUP
POS PURCHASE FEDERAL DIRECT GROUP
POS REFUND FEDERAL DIRECT GROUP
PRE-AUTH FEDERAL DIRECT GROUP
PENDING FEDERAL DIRECT GROUP
Visa Check Card FEDERAL DIRECT GROUP
Misc. Debit FEDERAL DIRECT GROUP