The Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into student loan servicing practices. (studentloanborrowerassistance.org)
In August, the CFPB ordered Wells Fargo Bank to pay $ 4 million for illegal private student loan servicing practices. (studentloans.net)
The Consumer Financial Protection Bureau made a public inquiry about student loan servicing practices in May, with a special interest in processes concerning paying back loans in a stressful or harmful way for borrowers. (studentloans.net)