Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released its annual report detailing significant financial challenges confronting servicemembers, veterans, and military families. The findings paint a concerning picture …
CFPB Unveils Financial Challenges for Military Community Amid Rising Complaints Read More
CONSHOHOCKEN, PA — Firstrust Bank has taken a leading role by arranging a $1 billion banking facility to bolster College Ave’s student loan program. This significant collaboration highlights Firstrust’s proficiency in …
Firstrust Bank Secures $1 Billion for College Ave Student Loans Read More WASHINGTON, D.C. — In a significant move against one of the largest student loan servicers in the United States, the Consumer Financial Protection Bureau (CFPB) has filed a proposed order …
Navient Faces Major Ban: CFPB Cracks Down on Student Loan Misconduct! Read More
WEST CHESTER, PA — The AccessLex Institute®, in collaboration with the American Bar Association (ABA) Young Lawyers Division, has unveiled the latest Student Debt Survey Report, shedding light on the financial …
New Insights from ABA and AccessLex on Young Lawyers’ Student Debt Challenges Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has reiterated a crucial opportunity for employers to support their employees’ financial well-being through educational assistance programs. These programs, traditionally utilized for …
Unlock Hidden Benefits: How IRS Educational Programs Can Slash Your Student Loan Debt! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently disclosed alarming findings from in-depth investigations of auto loan, student loan services, debt collectors, and ancillary financial service providers. The …
Revealing Unfair Practices: How Financial Service Providers May Cheat Customers Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has made news by suing student loan service provider Pennsylvania Higher Education Assistance Agency (PHEAA), operating as American Education Services (AES). …
Student Loan Giant PHEAA Sued by CFPB for Harmful Practices: An Unraveling Saga Read More
WASHINGTON, D.C. — The Biden-Harris Administration recently announced an automatic discharge of $1.2 billion worth of loans. This move will benefit nearly 153,000 borrowers who are eligible under the shortened …
Biden-Harris Administration Clears $1.2 Billion in Student Loans, Boosting Relief Efforts Read More
The U.S. Department of Education has turned up the heat on student loan servicers, withholding payments from three providers for failing to meet their contractual obligations. The move is part …
Department of Education Withholds Payments to Three Student Loan Servicers Read More
The Consumer Financial Protection Bureau (CFPB) released a report on Friday detailing the struggles borrowers face as they resume payments on federal student loans. The report is part of the …
CFPB Report Reveals Challenges in Student Loan Repayment Resumption Read More