On February 26, 2014, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against ITT Educational Services, Inc. (ITT) in the U.S. District Court for the Southern District of Indiana.
When we take an enforcement action against an entity or person we believe has violated the law, we will post court documents and other related materials here.
The Bureau may enforce the law by filing an action in federal district court or by initiating an administrative adjudication proceeding. Administrative proceedings are conducted by an Administrative Law Judge, who holds hearings and issues a recommended decision. Proceedings are conducted in accordance with the .
The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Student CU Connect CUSO, LLC (CUSO), a company set up to hold and manage private loans for students at ITT Technical Institute.
The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Conduent Education Services, LLC (CES).
The Consumer Financial
Protection Bureau (CFPB) took action against Citibank, N.A. for student loan
servicing failures that harmed borrowers.
The Consumer Financial Protection Bureau (CFPB) took action against National Collegiate Student Loan Trusts and Transworld Systems for illegal student loan debt collection lawsuits.
The Consumer Financial Protection Bureau filed a complaint and proposed settlement against Aequitas Capital Management, Inc. and related entities, for aiding the Corinthian Colleges’ predatory lending scheme.
The Consumer Financial Protection Bureau (CFPB) is suing Navient Corporation and its affiliates, Navient Solutions, Inc. and Pioneer Credit Recovery, Inc., for systematically and illegally failing borrowers at every stage of repayment.
The CFPB today took action against for-profit college chain Bridgepoint Education, Inc. for deceiving students into taking out private student loans that cost more than advertised. The Bureau is ordering Bridgepoint to discharge all outstanding private loans the institution made to its students and to refund loan payments already made by borrowers.
The Consumer Financial Protection Bureau (CFPB) took action against Wells Fargo Bank for illegal private student loan servicing practices that increased costs and unfairly penalized certain student loan borrowers.
The Consumer Financial Protection Bureau (CFPB) took action to halt a student loan debt relief scam that illegally tricked borrowers into paying fees for federal loan benefits and misrepresented to consumers that it was affiliated with the Department of Education.