The CFPB will assist all borrowers experiencing problems taking out a private student loan, repaying their private student loan, or managing a student loan...
The options for student loan consolidation vary depending on whether you are consolidating into federal Direct Loans or refinancing into private student loans.
Thank you all for joining us today in Milwaukee. Plato once said, "The direction in which education starts a man will determine his future life." More...
This past winter, we issued a Request for Information to hear about people's experiences with private student loans. We have now published the nearly 2,000...
If you can’t pay a medical bill, make sure the provider accurately calculated the bill and that you owe it before you pay. There also may be protections under federal and state law as well as financial assistance for you.
A few weeks ago, we announced that we're gathering information to identify policy options for borrowers to find affordable options on their private student...
Today, we released a mid-year update analyzing complaints from private student loan borrowers. The update explores some of the challenges consumers face...
The Consumer Financial Protection Bureau (CFPB) issued a new report finding that students face risk when entering into agreements with colleges to spread the upfront cost of tuition into several, interest-free loan payments
The CFPB, HHS, and U.S. Department of Treasury launched an inquiry into high-cost specialty financial products, such as medical credit cards and installment loans, that are pushed on patients as a way to pay for routine medical care and which drive up health care costs and medical debt.
The two-day conference consists of six panels of researchers presenting their work in various areas of consumer finance with members of the CFPB’s Office of Research serving as discussants.
Understand key terms related to student loans in English.
I am pleased to share that the CFPB has reached important milestones on critical priorities.
April is a time when students and their families anxiously await their college acceptance letters. But for families across the country, the good news of...
On January 18, 2017, the Bureau filed a complaint against Navient Corporation and its subsidiaries, Navient Solutions, LLC, and Pioneer Credit Recovery, Inc. Navient Corporation is a nonbank that owns and services student loans.
If your loan holder is unable to obtain payment from you for 270 days, they will take steps to place the loan in default and attempt to collect on the loan.
I am proud of the CFPB’s work in getting consumers the resolutions they deserve, often through referrals from local organizations, Congressional offices, and many others.
This morning, CFPB Director Richard Cordray, Education Secretary Arne Duncan, and Acting Deputy Treasury Secretary Mary Miller convened a meeting with the...
Director Chopra delivered remarks on the CFPB’s enforcement action against Navient.
For millions of Americans, student loans have opened doors to a college degree— offering new opportunities to create a better life. But the rapid growth of...
Industry Inquiry Reveals Problems for Consumers Seeking to Prevent Auto-Defaults Today the Bureau Student Loan Ombudsman released a report finding high...
