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CFPB Takes Action to Address Illegal Debt Collection Practices by the National Collegiate Student Loan Trusts
In The News, Lending Lydia Wedlock 1/17/25 In The News, Lending Lydia Wedlock 1/17/25

CFPB Takes Action to Address Illegal Debt Collection Practices by the National Collegiate Student Loan Trusts

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CFPB Uncovers Illegal Practices Across Student Loan Refinancing, Servicing, and Debt Collection
In The News, Lending Lydia Wedlock 12/16/24 In The News, Lending Lydia Wedlock 12/16/24

CFPB Uncovers Illegal Practices Across Student Loan Refinancing, Servicing, and Debt Collection

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CFPB Takes Action Against Student Loan Debt Collector Performant Recovery
In The News, Lending Sarah Cooke 12/9/24 In The News, Lending Sarah Cooke 12/9/24

CFPB Takes Action Against Student Loan Debt Collector Performant Recovery

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CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions
In The News, Lending Lydia Wedlock 11/15/24 In The News, Lending Lydia Wedlock 11/15/24

CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions

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CFPB Sues Student Loan Servicer PHEAA for Pursuing Borrowers for Loans Discharged in Bankruptcy
In The News, Lending Lydia Wedlock 5/31/24 In The News, Lending Lydia Wedlock 5/31/24

CFPB Sues Student Loan Servicer PHEAA for Pursuing Borrowers for Loans Discharged in Bankruptcy

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CFPB Takes Action Against Western Benefits for Swindling Student Loan Borrowers
In The News, Lending Lydia Wedlock 5/20/24 In The News, Lending Lydia Wedlock 5/20/24

CFPB Takes Action Against Western Benefits for Swindling Student Loan Borrowers

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CFPB Takes Action to Require National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency to Pay More than $5 Million for Student Loan Servicing Failures
In The News, Lending Lydia Wedlock 5/6/24 In The News, Lending Lydia Wedlock 5/6/24

CFPB Takes Action to Require National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency to Pay More than $5 Million for Student Loan Servicing Failures

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CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs
In The News, Lending Lydia Wedlock 4/17/24 In The News, Lending Lydia Wedlock 4/17/24

CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs

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CFPB Report Identifies Challenges Faced by Borrowers in Resumption of Student Loan Payments
In The News Sarah Cooke 1/5/24 In The News Sarah Cooke 1/5/24

CFPB Report Identifies Challenges Faced by Borrowers in Resumption of Student Loan Payments

The Consumer Financial Protection Bureau (CFPB) published an issue spotlight today on the CFPB’s oversight of…

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CFPB and 11 States Order Prehired to Provide Students More than $30 Million in Relief for Illegal Student Lending Practices
In The News, Financial Wellness Guest User 11/20/23 In The News, Financial Wellness Guest User 11/20/23

CFPB and 11 States Order Prehired to Provide Students More than $30 Million in Relief for Illegal Student Lending Practices

Prehired will void all outstanding income share agreements, refund harmed borrowers, and permanently cease operations

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Does the resumption of student loan repayments impact your credit union’s Allowance for Credit Losses?
In The News, Lending Sarah Cooke 11/20/23 In The News, Lending Sarah Cooke 11/20/23

Does the resumption of student loan repayments impact your credit union’s Allowance for Credit Losses?

That’s a question NCUA wants all federally insured credit unions to answer now that the COVID 19 forbearance period on…

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CUNA Says Student Loans Shouldn’t Be a Challenge to Asset Quality, Rate Hikes Less Necessary
In The News Sarah Cooke 10/12/23 In The News Sarah Cooke 10/12/23

CUNA Says Student Loans Shouldn’t Be a Challenge to Asset Quality, Rate Hikes Less Necessary

CUNA Senior Economist Ligia Vado delves into the scale of the potential effect the lift of student loan forbearance…

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CFPB Report Finds College Tuition Payment Plans Can Put Student Borrowers at Risk
In The News Sarah Cooke 9/14/23 In The News Sarah Cooke 9/14/23

CFPB Report Finds College Tuition Payment Plans Can Put Student Borrowers at Risk

The Consumer Financial Protection Bureau (CFPB) issued a new report finding that students face risk when entering into…

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New VantageScore® Research Shows Credit Score Impact of the End of Federal Student Loan Forbearance
In The News, Washington, Financial Wellness Guest User 7/3/23 In The News, Washington, Financial Wellness Guest User 7/3/23

New VantageScore® Research Shows Credit Score Impact of the End of Federal Student Loan Forbearance

Supreme Court Decision Striking Down Student Loan Forgiveness Program Will Also Result in Credit Score Declines for Borrowers Who Don't Resume Payments

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Community Financial Credit Union Partners with Student Choice
In The News, Lending Sarah Cooke 7/8/22 In The News, Lending Sarah Cooke 7/8/22

Community Financial Credit Union Partners with Student Choice

Credit Union Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that it has partnered with Community Financial Credit Union

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