Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against Performant Recovery, Inc. for engaging in unlawful practices involving student loan debt collections. Performant’s actions caused significant …
CFPB Penalizes Performant Recovery for Unlawful Debt Collection Practices Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced enforcement actions against Climb Credit, a private student lender, and its controlling investor, 1/0 (“One Zero”), for engaging in deceptive …
CFPB Moves Against Climb Credit Over Misleading Practices in Student Lending Read More
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
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
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
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 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 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
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 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