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Category: Info for consumers |
Published

New protections for servicemembers and veterans alert

A recent law provides additional protections for servicemembers affecting VA refinances, medical debt on credit reports, credit monitoring, and stays on foreclosure. Here’s what to look for in the new laws and when they go into effect.

Category: Info for consumers |
Published

Check your mailbox: Veterans with severe disabilities and student loans should keep an eye out for this
Archived

The Department of Education is sending letters to veterans with severe disabilities notifying them that they may be eligible for a tax-free discharge of their outstanding student loans. Here’s what to look for if you’re eligible.

Category: Info for consumers |
Published

Help is here for people with severe disabilities struggling with student loans
Archived

Borrowers whose student loans are forgiven due to death or disability will no longer have to pay federal income taxes on those forgiven loans. Now, tens of thousands of disabled veterans and hundreds of thousands of people living with severe disabilities are eligible for new student loan protections.

Category: Info for consumers |
Published

Reminder: Accessing your scholarships and student loan funds
Archived

Many college students receive scholarships, grants, and student loans to help them pay rent, get to and from school, and cover other costs, like textbooks. We issued this consumer advisory to help students better understand their options when it comes to managing their scholarships and student loans. Learn more about accessing your funds.

Category: Policy and compliance |
Published

Your two cents on student cards and bank accounts
Archived

Today, we’re launching an initiative on student cards and bank accounts and we want your input. We’ve published a Notice and Request for Information Regarding Financial Products Marketed to Students Enrolled in Institutions of Higher Education in the Federal Register. The title might sound a little formal, but the reality is simple: we want to hear from you.

Category: Info for consumers |
Published

Consumer advisory: Accessing your scholarships and student loan funds
Archived

The Consumer Financial Protection Bureau is issuing a consumer advisory today to all students expecting to receive scholarship and student loan proceeds onto – what appears to be – a school-endorsed debit card. We are also asking consumers to tell us about their experiences getting their financial aid funds. Yesterday, the Federal Deposit Insurance Corporation, […]