And unless you completely pay it off as soon as possible, don't expect those monthly payments, disturbingly high interest rates, and incessant calls
from student loan debt collectors to stop any time soon.
Not exact matches
This move aims to protect
student -
loan debt collectors accused of misleading borrowers by preventing states
from imposing additional rules and regulations — rules and regulations that protect consumers.
Days after the CFA report was released, President Trump's administration revoked the federal guidance that barred
student debt collectors from charging high fees on past - due
loans.
This division focused on protecting
student loan borrowers
from debt collectors,
loan servicers, and predatory lenders abuses, according to Consumer Reports.
A court order that had prevented the Department
from assigning new accounts to
debt collectors has recently been lifted, and the Department has started assigning
student loan borrowers to
debt collectors — including Pioneer and Alltran — again.
Debt collectors get most of their revenue
from people who fall hopelessly behind on
student loans, medical bills, auto
loans, credit cards and home mortgages.
While the United States government has been relying on
debt collectors to help defaulted
student loan borrowers get back on track, analysis
from the CFPB claims that the money is going to waste.
I requested
debt validation
from a
collector who is collecting on my
student loans.
Use these sample letters
from the CFPB and FTC to get your
student loan servicers and
debt collectors in... Read more
The only guarantee with
student loan default is wrecked credit and harassment
from debt collectors.
Following up on Alan White's post
from this morning about the Education Department's draft notice about
debt collection laws applicable to
student loan debt collectors that prompted a Twitter moment, some more
student loan news
from the Education Department.
Currently, there is no established
student loan counseling provider, and many clients receive misleading information
from servicers and
debt collectors.