Credit: Brian Jackson/Adobe Stock CFPB Accuses Student Loan Companies of Stalling Thousands of Forbearance Requests During Pandemic
The complaint, filed in the U.S. District Court for the Middle District of Pennsylvania, comes after the consumer protection bureau has intensified its scrutiny of the student loan industry.
May 08, 2024 at 10:56 AM
3 minute read
Consumer Protection
The original version of this story was published on The Legal Intelligencer
The Consumer Financial Protection Bureau has sued two student financial aid companies, alleging they failed to provide essential information to borrowers who had questions about their private student loans during the COVID-19 pandemic.
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