CFPB Report Finds Servicemembers Face Hurdles in Accessing Student Loan Benefits
The hurdles they describe range from not being able to get the information they need, to being met with roadblocks when they do try to pursue their benefits.
The hurdles they describe range from not being able to get the information they need, to being met with roadblocks when they do try to pursue their benefits.
As a result of these rising costs, more consumers need loans in order to afford college. By the end of last year, outstanding student loan debt was more...
Today, I joined the Secretary of Defense at the Pentagon to announce a report about the servicing obstacles that servicemembers face in paying off student...
Millions of public service employees may be eligible for Public Service Loan Forgiveness. Learn how to get on track, while serving your community.
Bureau Sued Auto Lender Earlier This Year for Deception and Threats to Contact Commanding Officers Today the Bureau filed an administrative order against...
Delinquencies and scheduled payments for non-student-loans continue to rise for student loan borrowers during the federal student loan payment pause.
A default can lead to severe consequences, including damaged credit, wage garnishment, and offset of social security and other government benefits. There...
Our new report summarizes complaints from private student loan borrowers about difficulties faced when working with a lender or servicer to avoid default...
Consumers now owe nearly $1.2 trillion in student loans they took out to attend college, trade schools, and graduate degree programs. That is more than any...
Today, we're asking several players in the student loan industry to find out what progress they've made. We're looking to find out what loan modification...
Last month, we published a report based on your stories and issued a call for industrywide reforms to protect consumers. Building on this work, today, we...
The tool helps students with financial aid offers decide whether to enroll in a specific school and how to pay for it, using data and guidelines. This page explains where and how we got those numbers and guidelines.
Americans owe more than a trillion dollars in student loan debt. That's more than we owe on credit cards, more than we owe on car loans – and it's still...
This spring, clean up your household finances by following our tips on money management, including budgets, credit reports, credit cards, debt, and savings.
Credit counseling organizations are usually nonprofits that advise and educate you on managing your money and debts.
Whether you are preparing for college, attending school, or already repaying your student loans, we have tools and resources to help you make the best decisions for you.
The analysis shows that about two thirds of actively used credit card accounts carry a revolving balance. Once consumers begin to revolve, they do so continuously for about 10 months on average, with approximately 15 percent revolving continuously for two years or more. The longer a balance is revolved, the higher the chances that the consumer will continue to revolve a balance.
Delinquencies on non-student-loan credit products continue to rise for student loan borrowers, signaling potential payment difficulties when scheduled payments resume.
All student loan borrowers have the right to pay off their student loans as fast as they can, but some borrowers who try to make extra payments may run into...
A few weeks ago, we released new estimates on the size of the student loan market, which is approaching $1.2 trillion, with federal student loans crossing...