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Student loans

Justice
National

CFPB Bans Student Loan Pro and Owner from Offering Financial Services

December 9, 2024December 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced enforcement actions against Student Loan Pro and its owner, Judith Noh, permanently barring them from offering consumer financial products or …

CFPB Bans Student Loan Pro and Owner from Offering Financial Services Read More

Consumer Financial Protection Bureau (CFPB)
National

Servicing Failures Exposed: CFPB Report Reveals Deepening Crisis for Student Borrowers

November 18, 2024November 18, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released its annual report from the Student Loan Ombudsman, shedding light on persistent challenges faced by student borrowers due to systemic …

Servicing Failures Exposed: CFPB Report Reveals Deepening Crisis for Student Borrowers Read More
Debt
National

Debt Relief Revealed: CFPB Survey Uncovers Life-Changing Impacts and Hidden Repayment Challenges

November 18, 2024November 18, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released its inaugural findings from the Student Loan Borrower Survey, offering a comprehensive look into the effects of debt relief programs …

Debt Relief Revealed: CFPB Survey Uncovers Life-Changing Impacts and Hidden Repayment Challenges Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Sues Climb Credit for Misleading Students and Concealing Loan Costs

October 21, 2024October 21, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Climb Credit, Inc., a student loan provider, and its principal shareholder, 1/0 Holdco LLC. The suit …

CFPB Sues Climb Credit for Misleading Students and Concealing Loan Costs Read More
Consumer Financial Protection Bureau (CFPB)
National

CFPB Takes Decisive Action Against Ejudicate for Deceptive Arbitration Practices

October 15, 2024October 14, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has issued a significant enforcement action against Ejudicate, a private dispute resolution platform, after uncovering fraudulent practices that misled student borrowers and …

CFPB Takes Decisive Action Against Ejudicate for Deceptive Arbitration Practices Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Unveils Financial Challenges for Military Community Amid Rising Complaints

September 30, 2024September 30, 2024 - by Maryann Pugh

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
Firstrust Bank
Regional

Firstrust Bank Secures $1 Billion for College Ave Student Loans

September 22, 2024September 22, 2024 - by Timothy Alexander

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

Consumer Financial Protection Bureau (CFPB)
National

Navient Faces Major Ban: CFPB Cracks Down on Student Loan Misconduct!

September 16, 2024September 16, 2024 - by Maryann Pugh

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
AccessLex Institute
Education

New Insights from ABA and AccessLex on Young Lawyers’ Student Debt Challenges

September 15, 2024September 15, 2024 - by Timothy Alexander

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

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