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Student loan borrowers may get millions after servicers accused of failure
Newsweek· 1 day agoThe CFPB accused the National Collegiate Student Loan Trust (NCSLT), a group of 15 securitization...
Student Loan Borrowers May Get $3 Million In Compensation For Servicing Failures
Forbes· 5 days agoFinancial Protection Bureau, an independent federal agency that oversees the financial services...
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
PYMNTS.com· 5 days agoThe Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National...
Are Parents Liable for Student Loans? Understanding the Financial Responsibilities
Investopedia· 2 weeks agostudent's and parent's information when filling out the Free Application for Federal Student Aid...
JD Supra: CFPB Annual Report... Complaints and Complaints ...Fraudulent Activity, Student Loan...
JD Supra· 6 days agoAccording to the report, the most-complained-about consumer financial product and service categories in 2023 were consumer reporting (79%), debt collection (7%), credit card ...
CFPB Takes Action Against BloomTech, Inc. for ISAs that Violate TILA, UDAAP, and the FTC’s Holder...
JD Supra· 2 weeks ago(“BloomTech”) and the company’s founder and CEO engaged in deceptive and abusive acts or practices, violated the Truth in Lending Act ...
CFPB Flexes Nonbank Supervisory Authority—State AG Targets Should Take Note | JD Supra
JD Supra· 6 days agoGiven the close and ever-increasing connection between the CFPB and state attorneys general when it comes to financial services-related ...
Third Circuit Holds Securitization Trusts Are “Covered Persons” Under CFPA | JD Supra
JD Supra· 5 days agoA long-awaited Third Circuit decision held that securitization trusts holding student loans are “covered persons” subject to the CFPB’s enforcement < ...
Wiley Consumer Protection Download (April 30, 2024) | JD Supra
JD Supra· 2 weeks agoThe updated process will conform to a recent organizational change re-assigning the duties of the Associate Director of the CFPB’s Division of Supervision, Enforcement, < ...
What are guaranteed loans? Consider 9 safer alternatives
CNN.com· 1 week agoWhile no loans come with guaranteed approval, a guaranteed loan can refer to a storefront payday ...