Some credit card debt consolidation companies are legitimate, but using such services can be risky. If you are thinking about debt consolidation, you might want to first consult a non-profit credit counselor.
CFPB announces a final rule on the Fair Debt Collection Practices Act (FDCPA). Here’s what you should know if you’ve been contacted by a debt collector.
You can start to take control of your debt in six easy steps.
For borrowers who are experiencing financial distress and looking for a way to pay back their federal student loans, income-driven repayment plans can be...
We recently published a report on student loan affordability, which discussed the potential impact of student debt on small business starts and...
State-by-state snapshot showing how this debt is spread across the country. It also breaks down the complaints we handled from student loan borrowers in every state.
Many communities face shortages of teachers in areas of critical need, including science and math. These teacher shortages are felt most acutely in rural...
You told us about a number of debt relief companies that promise thousands of dollars in savings on borrowers’ student debt – an offer that may seem too good to be true.
Study Finds Credit Scores Underestimate Creditworthiness for Consumers Who Owe and Repay Medical Debt Today the Bureau released a research report that found...
As the number of older Americans with student debt has quadrupled, older borrowers complain about many problems with lenders, loan servicers, and debt...
Student Loan Processing.US and Owner Charged Student Loan Borrowers Millions in Illegal Fees Today the Bureau requested that a federal district court enter...
The CFPB has found that private student loan borrowers who wish to pay their loans, but face high payments, lack alternative repayment and refinance options.
Need guidance on paying off your federal and private student loans? See repayment tips to manage loan payments or find help if your loan is in collections.
When military borrowers are not able to get on track for programs like PSLF, they can end up paying tens of thousands of dollars they would otherwise not owe.
Debt collectors can sometimes garnish wages, benefits, or money in a bank account. State and federal laws protect some wages, benefits, and money so you have enough to live on.
Check out these tips to help tackle your student loan debt.
According to the CFPB's estimates, outstanding student loan debt in the United States topped $1 trillion in 2011 — $864 billion of federal student debt and...
Today, we announced that we're gathering information to come up with a plan to address the challenges many struggling borrowers face to find a more...
Today the Consumer Financial Protection Bureau (CFPB) took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from student borrowers’ bank accounts, without authorization. The CFPB alleges that Frank Gebase, Jr. controlled a company that took the borrowers’ money after obtaining their names and account information from a previous student-loan debt-relief scammer that the CFPB shut down.
Get help with a plan to finish your educational program with debt you can afford.
