The Bureau is proposing to amend Regulation Z, which implements the Truth in Lending Act, generally to address the sunset of LIBOR, expected to be discontinued after 2021.
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In accordance with the Paperwork Reduction Act of 1995 (PRA), the Bureau of Consumer Financial Protection (Bureau) is proposing a new information collection titled, “Student Loan Servicing Market Monitoring.”
The CFPB is seeking comments from the public related to consumer decision-making when repaying student loans, including the presentation of information about alternative repayment options.