Now, with this «agency reorganization», it is a blow to the agency's structural ability to take action
against student loan companies who engage in predatory practices against student loan borrowers.
There has also been mention of plans to end public access to its online consumer complaints database where complaints
against student loan companies are found.
Not exact matches
The largest U.S.
student loan servicer, Navient (navi), cheated borrowers out of billions of dollars, often by deceiving them about repayment options and their legal rights, the U.S. consumer financial watchdog said on Wednesday as it announced a lawsuit
against the
company.
The creation of the Consumer Financial Protection Bureau bolstered consumer protections
against the deception of
companies selling dodgy mortgages, unsustainable credit cards, unaffordable
student loans and other financial products to borrowers with inadequate resources.
CEO of
student loan servicing giant Navient, Jack Remondi, defended the
company's practices in a long ranging interview with the Washington Post on Monday, a few days after the Consumer Financial Protection Bureau launched a lawsuit
against the nation's largest
student loan servicing
company.
The nation's largest
student loan company is under litigation for alleged irregularities made on
student loans.Pennsylvania attorney general Josh Shapiro filed the suit
against Navient Corp. on Thursday with suspected widespread abuses and... [Read more...] about Navient Corp..
The Consumer Financial Protection Bureau in Washington D.C.CEO of
student loan servicing giant Navient, Jack Remondi, defended the
company's practices in a long ranging interview with the Washington Post on Monday, a few days after the Consumer Financial Protection Bureau launched a lawsuit
against the nation's largest
student loan servicing
company.According to Remondi, the problems -LSB-...]
Is there a list of
student loan debt relief
companies that the government has taken action
against?
In taking action
against two
student debt relief
companies last year, the Consumer Financial Protection Bureau offered these warning signs that a
student loan debt relief
company «may be trying to rip you off:»
Last year the Consumer Financial Protection Bureau took action
against two
companies — College Education Services and
Student Loan Processing — that it said «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.
Student Loan Processing — that it said «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.&ra
Loan Processing — that it said «exploited vulnerable
student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.
student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.&ra
loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.»
Yesterday, Washington State Attorney General Bob Ferguson filed a lawsuit
against Navient, the country's largest
student loan servicing company, and announced legislation for Student Loan Bill of Rights legislation, according to a press release from the Attorney General's
student loan servicing company, and announced legislation for Student Loan Bill of Rights legislation, according to a press release from the Attorney General's off
loan servicing
company, and announced legislation for
Student Loan Bill of Rights legislation, according to a press release from the Attorney General's
Student Loan Bill of Rights legislation, according to a press release from the Attorney General's off
Loan Bill of Rights legislation, according to a press release from the Attorney General's office.
«Borrower Complaints Mount
Against Company That Handles Billing For MEFA
Student Loans,» Channel 4 News Boston, WBZ / CBS Local, October 3, 2016
The FTC recently announced actions
against a handful of these so - called debt relief
companies that promise to lower the
student loan debt, charge an upfront fee, and do nothing in return.
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit
against Navient, the country's largest
student loan servicing
company, alleging that it has «systematically and illegally» failed borrowers.
The Federal Trade Commission filed a lawsuit Feb. 9, 2017,
against three interrelated
student loan debt relief
companies for allegedly violating Section 5 of the FTC Act and the Telemarketing Sales Rule.
This coordinated initiative takes action
against companies that falsely promise consumers
student loan relief.
Pennsylvania's Attorney General Josh Shapiro has filed a lawsuit
against Navient, one of the largest
student loan servicing
companies in the United States.
Madigan has already taken legal action
against Navient, one of the leading
student loan companies.
The Missouri Higher Education
Loan Authority (MOHELA), one of nine student loan companies that manages the federal government's trillion dollar student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student lo
Loan Authority (MOHELA), one of nine
student loan companies that manages the federal government's trillion dollar student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student lo
loan companies that manages the federal government's trillion dollar
student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student lo
loan portfolio, has filed a protest
against the Department of Education's plan to choose a single servicer
company for handling federal
student loans.
BBB's warning
against working with Strategic
Student Solutions is not the first time the student loan company has been strongly cri
Student Solutions is not the first time the
student loan company has been strongly cri
student loan company has been strongly critiqued.
BBB cited 197 complaints made
against Strategic
Student Solutions, 11 complaints that failed to get a response from the student loan company, and 33 unresolved complaints as the reasons why Strategic Student Solutions received such a poor
Student Solutions, 11 complaints that failed to get a response from the
student loan company, and 33 unresolved complaints as the reasons why Strategic Student Solutions received such a poor
student loan company, and 33 unresolved complaints as the reasons why Strategic
Student Solutions received such a poor
Student Solutions received such a poor grade.
Navient, the largest
student loan company in the United States, has lost two separate dismissal motions regarding two separate lawsuits filed
against the
student loan servicing
company.
The Federal Trade Commission filed a lawsuit Feb. 9, 2017,
against three interrelated
student loan debt relief
companies for allegedly violating Section 5 of the FTC Act and the Telemarketing Sales Rule.The FTC issued a press release saying that the defendants illegally charged thousands of consumers more than $ 28 million.
A settlement
against a handful of
student loan adjustors revealed that some
companies were charging between four and 27 times more than the legal limit for consolidation - related services.
✔️ Over 1,000,000 consumer complaints have been handled by the CFPB, including thousands
against student loan servicing
companies.
The CFPB has taken quite the active stance
against companies that are involved with
student loans and trying to game the system.
Pennsylvania State Attorney General Josh Shapiro filed the lawsuit
against Navient just last month, claiming the
company engaged in practices that harmed numerous
student loan borrowers.
In two high profile cases, the CFPB and Florida's Attorney General shut down
student loan debt relief company College Education Services and, separately, filed a lawsuit against Student Loan Processing US for running illegal debt relief services that, «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.
student loan debt relief company College Education Services and, separately, filed a lawsuit against Student Loan Processing US for running illegal debt relief services that, «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.&ra
loan debt relief
company College Education Services and, separately, filed a lawsuit
against Student Loan Processing US for running illegal debt relief services that, «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.
Student Loan Processing US for running illegal debt relief services that, «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.&ra
Loan Processing US for running illegal debt relief services that, «exploited vulnerable
student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.
student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.&ra
loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.»
She has experience representing consumers
against banks, debt collectors,
student loan companies,
loan servicers, mortgage
companies, landlords, and many more.
Last week, the Federal Trade Commission (FTC) and the State of Florida filed a complaint
against two
companies charged with running debt relief schemes that targeted
student loan borrowers.