...and we rolled out the Student Debt Repayment Assistant to help student loan...loan borrowers understand their repayment options. We also published a notice in
...loans lead to consumers trapped in debt and our proposed rule aims to help those...For some people these loans become debt traps. Last month, we announced a proposed...harder for consumers to get out of debt. These strong proposed protections would
...loan debt relief business, and Performance Settlement, a general debt-settlement...CFPB Obtains Ban Against Debt Relief CEO Daniel Crenshaw Crenshaw collected...loan debt relief business, and Performance Settlement, a general debt-settlement
...borrowers who are trying to avoid student debt distress. In addition to delivering...information borrowers receive on their repayment plans. Student loan borrowers have
Repay Student Debt tool helps you understand your options for repayment, gives you...scores, credit reporting, getting out of debt, and more. You can also submit questions
...long-term repayment plan tied to your income (known as Income-Driven Repayment, or...borrowers from accessing affordable repayment plans—increasing costs to taxpayers
...for over $1 trillion in student loan debt, the answer is no. Existing loans are...options by using our Repay Student Debt tool and Ask CFPB. However, for undergraduates
...the nation’s second largest consumer debt market – student loans – which have...than 40 million Americans with student debt depend on student loan servicers to
...how to pay off your loans and the repayment programs available to you....how to pay off your loans and the repayment programs available to you. Narrow...Direct Loan? What are income-driven repayment (IDR) plans, and how do I qualify
...responsibilities when contacted by debt collectors Order free copies of the...copies of the bills booklet in Spanish Debt getting in your way? Get a handle on
...charging unfair late fees and harassing debt collection calls. Bureau examiners also...struggling with crushing amounts of loan debt,” said CFPB Director Richard Cordray
...about the potential impact of student debt on the lives of American consumers and...increases in the amount of student debt owed by Americans who have since graduated
...loan. Not only do you pay down your debt faster, but you save money on interest...amounts, their servicers extended the repayment period and the amount of interest
...them from enrolling in the right repayment plan. These servicing errors can...studentaid.gov and clicking on “In Repayment: I have loans I need to repay.” 2
...millions of Americans who carry student debt. My special thanks go to Attorney General...communities by providing them with deserved debt relief on their student loans. Public
...creditor or debt collector about the debt or bill you owe. A smaller repayment amount...amount may help make repayment easier. Finally, if you are expecting a tax refund
...marketing to enrollment to payment to debt collection, American Express violated...got a phone call about long overdue debt,” said CFPB Director Richard Cordray
...bills.) For example, an extended repayment plan that requires you to pay for...repair companies). Don’t use other debt, like credit cards or home equity loans
...universities as a means to collect a debt or disputed fees. The report also identifies...including credit or consumer reporting, debt collection, credit cards, checking or
...borrowing $300 for just four weeks. Repayment plan fees Some state laws require...payday lenders to offer extended repayment plans to borrowers who have trouble
