Consumer Watchdog: Student Loan Servicers Are Triggering Unnecessary Fees
Student loan companies sometimes process payments in a way that increases fees and interest charges, the Consumer Financial Protection Bureau says. In a new report analyzing a year’s worth of consumer … Read News
Student Loan Borrowers Face 'payment Processing Pitfalls'
Repaying a student loan should be simple, but a new report from the Consumer Financial Protection Bureau (CFPB) finds that it's often just the opposite. The companies hired by lenders to collect payment for private loans don’t always act in the borrowers’ best interest. … Read News