corruption

Consumer Advisory: Don’t Give Money or Information to Scammers Promising Student Loan Forgiveness

WASHINGTON, D.C. — the Consumer Financial Protection Bureau (CFPB) says that numerous student loan borrowers have recently submitted complaints about companies promising student loan forgiveness or loan forbearance in exchange …

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Consumer Financial Protection Bureau

CFPB Steps Up Scrutiny of Student Loan Servicers That Deceive Borrowers About Public Service Loan Forgiveness

WASHINGTON, D.C. — On Friday, the Consumer Financial Protection Bureau (CFPB) released a bulletin detailing student loan servicers’ obligation to halt unlawful conduct regarding borrowers’ eligibility and benefits under the …

CFPB Steps Up Scrutiny of Student Loan Servicers That Deceive Borrowers About Public Service Loan Forgiveness Read More
US Department of Education

U.S. Department of Education Increases Servicer Performance, Transparency, and Accountability Before Loan Payments Restart

WASHINGTON, D.C. — The U.S. Department of Education has announced stronger standards for performance, transparency, and accountability for its student loan servicers aimed at protecting borrowers. Six loan servicing companies …

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